The Global Capitalist

The Canadian Dollar/US Dollar ratio hit 1:1 today for the first time in decades. After years of languishing behind the greenback, the loonie has now proven to be among the strongest currencies on the planet. [Read more →]

Yesterday’s rate cut by the Federal Reserve Bank sent markets worldwide soaring. The Dow shot up over 300 points, while markets in Asia, Europe, and Latin America all rose in hopes that the lowering in rates will put an end to the credit crisis. [Read more →]

The NY Times has a great article on the huge amount of currency speculation going on in Japan currently. A subculture of housewives turned currency speculators has turned a predominantly male preoccupation [Read more →]

Shinzo Abe’s resignation as the Japanese PM yesterday ended a tumultous year in politics for Abe and the Liberal Democratic Party. After taking over from the highly controversial, but very successful Mr. Koizuimi [Read more →]

(Reprint from July 6, 2006)

In the grand history of civilization, the case of the United States vs. Mexico is one of the most prime examples of how governmental interference in markets increases poverty, decreases standards of living, and wrecks millions of lives. Much of the western part of America was under Mexican rule as late as the mid 1800’s. [Read more →]

(Reprint from Nov. 19, 2005)

Mahinda Rajapakse’s win today in the Presidential election has sealed Sri Lanka’s fate for the next few years and represents a huge setback for the country. Plagued for many years with internal conflict, the latest election results will only intensify the strife between the Tamils and Sinhalese. [Read more →]

(Reprint from 2006)

The recent uproar over the Dubai ports deal is another example of a trend of protectionist though sweeping through the United States. Is the fear justified, or is it simply a case of nervous xenophobia? To answer this question, we must examine what the United Arab Emirates (UAE) is all about. [Read more →]

(Reprint from July 28, 2006)

Few nations in history have shown the remarkeable progress that Singapore has achieved over the past 40 years. In such a short period of time, the city-state of Singapore has gone from swamp land to one of the wealthiest nations in the world, making Lee Kuan Yew perhaps the most brilliant politican that has ever lived. By implementing the correct policies from the start, the example of Singapore [Read more →]

(Reprint of Dec. 5, 2006)

The year of the election in South America ended rather undramatically as Hugo Chavez won his bid for re-election in South America. A year ago, his policies and his anti-US stance were drawing in fans across the continent and indeed across the world. Much had been made of the nationalistic tendencies of [Read more →]

(Reprint from Dec. 30, 2005)

Around the world, women have been making progress towards equality with men on both the business and political fronts for decades, yet always seeming to come up a bit short. But, 2005 may go down in history as the year the glass ceiling was truly broken, as two women were elected president in what has traditionally been the most socially conservative continents on the planet. The elections of Ellen Johnson Sirleaf in Liberia and Michelle Bachelet in Chile may have paved the way towards the future of equal gender representation in politics all over the globe. [Read more →]