How America Builds Its Way Back to Balance

The following is an excerpt from The Reckoning: Debt, Democracy and the Future of American Power, with a forward by Dr. Nouriel Roubini, available in the United States on this week from Palgrave Macmillan and in Europe on 17 May. Moran, a former RGE vice president and geostrategy analyst, is now Director and Editor-in-Chief of […]

Wall Street Needs a New Acronym: RICO

What in God’s name is wrong with the SEC? The Securities and Exchange Commission—spoken of as though it has the power to destroy entire economies with a single question—continues to engage in settlement talks with banks caught red-handed defrauding investors and who know that the $285 million or so they’ll have to pay to the […]

August, 2001

They were, truly, the dog days. Me, living in a shack behind a shack on the Jersey Shore, commuting to the city 80 miles away, deeply regretting my decision three months earlier, upon the collapse of my marriage, to “do what I always wanted to do and get a beach house.” The country, as insular […]

Beijing’s ‘Own Goal’

One of the many theories about North Korea which appears to float on thin air (and make no mistake, most of them do) goes something like this: China, the one country with real leverage on crazy Kim and his gulag, loves the status quo. Like that guy in your neighborhood who walks around with the pit bull straining against his leash, the Chinese parade their influence on the Pygmy of Pyongyang, as if to remind the neighborhood that without the strong hand of his masters in Beijing, Kim Jong-il’s steroid fed army of Stalinist zealots would run amok all over East Asia.

The Rising Sun also Sets

From Global Post: How do the Election Results Change US-Japan Relations? NEW YORK — As if Barack Obama doesn’t have enough foreign policy headaches, the United States now faces the prospect of trouble in Asia from a surprising quarter: Japan. For decades, since the post-war U.S. occupation of Japan ended in 1955, successive governments in […]