Why most Americans are broke

Why most Americans are broke

Dateline: Kuala Lumpur, Malaysia I just checked out of the Ritz-Carlton here in Kuala Lumpur. For the money, it is the best luxury hotel on the planet, in my opinion. In addition to pool attendants who sneak up on you to offer fresh melon skewers, your American...
The overheating Philippines condo market

The overheating Philippines condo market

Dateline: Century City, Makati, Philippines Walking out of my apartment building here in Manila this morning, I noticed a store I didn’t even see yesterday. Or the day before. Or the day before. Could it be, I thought, that I’ve missed this westernized...
Now France wants an end of the US dollar

Now France wants an end of the US dollar

Dateline: Makati, Philippines Paul Krugman may be wrong on just about everything, but when he says “Fiat money is backed by men with guns”, we can find a point on which to agree. His point here is a perfect metaphor for the state of world currencies. In...
Seven signs you live under a desperate government

Seven signs you live under a desperate government

Dateline: Makati, Philippines In the sixteenth century, the Philippines were already playing an important role in international trade. Manila, home to the important Manila-Acapulco route of the Spanish Treasure Fleet, was booming. In fact, it was from Manila in which...
Forget marketing to Americans (or Canadians or Brits)

Forget marketing to Americans (or Canadians or Brits)

Dateline: Taipei, Taiwan Considering the The Yuan Dynasty of China was surprisingly tolerant of a number of religions. The Mongols, who declared their dynastic influence in 1271, were supportive of everything from Buddhism to Taoism to Confucianism. In fact, the...
The easiest place in the world to pay taxes

The easiest place in the world to pay taxes

Dateline: Los Angeles, California The free market is a fascinating thing. Yet it is remarkably simple: it is really just an acknowledgement of human nature. California is a perfect example of that. Countless businesses here have packed their bags and moved to places...