Ryanair CEO Michael O’Leary Protests Brexit in London with Funny Costume

On Jun 23, 2016, the UK voted to leave the EU. The economic and political consequences will be significant and long lasting, and not just for the UK and the EU. The repercussions will be felt everywhere. The key concern for EasyJet and Ryanair, among a number of airlines hypothetically affected, is what will happen […]

India Will Not and Must Not Become a Superpower

Indian historian and environmentalist Ramachandra Guha speaks of why India will not and must not become a superpower. I broadly agree with Guha’s analysis about India’s last 60+ years since 1947, especially in the arena of inclusion/exclusion of communities in development process (e.g. tribals being mostly excluded), also the growing Maoism factor, and the polarization […]

The Economic Impact of Aging Japan

The saving rates in Japan will fall dramatically by 2024 and make Japan’s financial wealth decline. There are two direct reasons for this fall: one is that by 2024, more than a third of Japan’s population will be over the age of 65, which will lead the retired household to outnumber households in their prime […]

Chinese Car Company Logos That Look Appallingly Familiar

The car industry in China is the largest in the world, as measured by total annual automobile unit production volumes. Since year 2009, the number of automobiles manufactured in China has exceeded that of the European Union and that of the United States and Japan combined. 45% percent of cars produced were BYD, Lifan, Chang’an […]

Japan’s Demographic Problems

Japan fell from grace after its booming 1980s, largely due to bureaucratic overindulgences, political slip-ups and unsustainable growth rates that fueled its prosperity for decades. Japan is undergoing a slow but certain social, economic, and political transformation. The Japanese are reinventing their society with a growing sense of urgency. Over the last fifteen years, Japan […]