Tag Archives: America
Inflation AND deflation at the same time? Economic straws in the wind
by futurist Richard Worzel, C.F.A. I’ve noticed a strange development recently: two indicators that I follow for inflation and deflation are both rising, implying that we may be headed for a period of both inflation and deflation at the same … Continue reading
Why Education Must Change
by futurist Richard Worzel, C.F.A. This article was originally published in Teach magazine. For most of the 18 years I’ve written this column, I’ve focused on how education will change. This time, I’m going to focus on why it must … Continue reading
The Destruction of America
Unless America and Americans force a drastic change in the country’s direction, the American dream is dead, and America’s place as the leader of the world is over. Continue reading
Outlook 2020: The Economy
This is the second in a series of blogs on the likely events of the next 10 years. If we’re lucky, 2010 could be a lousy year. If we’re unlucky, 2010 could be a disastrous year, worse than 2008, because … Continue reading
Risk Management in 2009 and Beyond
What follows is an amalgam of presentations I made to two risk management groups in very different sectors: one in health care, and the other in insurance. The principles are the same, even though the immediate concerns may differ. Let … Continue reading
Where the economy goes from here
Have we hit bottom? Are we starting up? Yes, and no. Yes, we’ve probably hit bottom. No, we’re not starting up – at least the United States isn’t, and most of the developed world will see feeble growth at best. Yet, … Continue reading
Why American politics is dysfunctional – and dangerous
The polarization of American politics is evident from the way that Republicans and Democrats seem to loathe each other. They scream at their counterparts; they rant for the cameras; their surrogates in the press besmirch each other as worse than … Continue reading
WILD CARD WARNING: Is America too big to fail?
A wild card is a low probability event, which, if it occurs, has dramatic consequences. I believe we now face such a wild card. The idea occurred to me just last week, as I was riding a plane from A … Continue reading