Economic Shift to the East

As the recovery - or lack thereof - continues, it is becoming more clear that there is an important shift in economic power away from Europe and America and toward the emerging Asian economies.  There has always been concern that the Chinese sleeping giant would awake and overtake us, but I doubt that anyone anticipated the entire [...]

Depressing Debt Dogma Distills Deflation Dilemma

As the less-than-adequate federal stimulus funds recede from view, we are left with a sinking realization that this recession is depressingly persistent.  Gains on the employment front have reversed.  A fifth of the population is either unemployed or under employed, so demand for goods and services is lacking.  Without demand, companies aren't hiring.  With the private sector in [...]

Berry Daze

The Fourth of July weekend brought beautiful weather for camping up the McKenzie River.  Everything is late this year, including the mountain wildflowers.  The meadows were carpeted with little pale blue flowers and deep blue larkspur, with paintbrush adding accent. Arriving home, the berries and peas needed picking.  The strawberries are just about done, but there are [...]