Salient to Investors: Fareed Zakaria said: Britain, which created the world we live in, has become parochial and has essentially resigned as a global power: a tragedy for us all. The Royal United Services Institute predicts that the British army could shrink to 50,000, smaller than at any point since the 1770s
READ MORE... →Salient to Investors: Fareed Zakaria said: The US justice system is a rubber stamp for the prosecution due to America overreacting to the crime wave of the 1970s and enacting bad legislation. The vast prison industrial complex lobbies aggressively, which means more arrests, lockups, and prisons. Conrad Black says: The US has
READ MORE... →Salient to Investors: Fareed Zakaria said: The pattern of Yemen’s descent into chaos is likely to repeat, possibly in more significant countries like Egypt. That pattern is repressive, secular regimes backed by the West become illegitimate, become more repressive to survive, and whose opposition becomes more extreme, religious and violent. Learning
READ MORE... →Salient to Investors: Business schools are reporting strong markets for graduating students in full-time jobs. Barbara Hewitt at Wharton said only 4.2% of last year’s graduating class of seniors were still seeking employment 4 to 6 months after graduation, among their lowest percentages in the last 20 years, while 2015’s figure
READ MORE... →Salient to Investors: Fareed Zakaria said: The Department of Defense cost overruns on one weapons system are more than the total defense budget of Britain and France put together. The US spends more on defense than the next 8 nations put together including China and Russia. Since 9/11 America has been
READ MORE... →Salient to Investors: Fareed Zakaria said: Russia is a great power in decline accounting for only 3.4% of global GDP versus China’s near 16% and almost 4 x Japan’s and 5 x Germany’s. China’s very different approach to foreign policy constitutes the most significant and dangerous shift in international politics
READ MORE... →Salient to Investors: Pew Charitable Trusts said: 82% of American Gen Xers – those born between 1965 and 1980 – with at least a bachelor’s degree earn more than their parents did, yet only 30% have greater wealth. 70% of Xers without a college education earn more than their parents
READ MORE... →Salient to Investors: US millennial women are holding off on motherhood, which bodes well for their economic and social mobility and that of their future children. Isabel Sawhill at Brookings said lower US birth rates are permanent, even if some of the recession-induced decline reverses. Preventing unexpected births increases a
READ MORE... →Salient to Investors: Jaison R Abel and Richard Deitz at FRB of New York said: The value of an average US university degree has been near all-time high for more than a decade but may be only because wages of high school graduates have been falling. It takes the average student at least
READ MORE... →Salient to Investors: Richard Arum at NYU and Josipa Roksa of University of Virginia found: Students who did as little as possible during college continued to drift after graduation. Many college students took easy courses, regarded themselves as privileged customers, socialized heavily, and came away with little to show for
READ MORE... →