Recent Posts

America’s ATD says it can grow without Goodyear, Bridgestone

Bloomberg American Tire Distributors (ATD) Inc., seeking to bolster itself after two of the biggest brand names pulled their business, said other suppliers will fill the gap and that it’s already posted sales gains in the first half of this year. ATD, North America’s largest tire distributor, had “strong success” in converting to other suppliers and has a “robust pipeline ...

Read More »

Trade war and world’s $247 trillion debt bomb

The untold story of the world economy — so far at least — is the potentially explosive interaction between the spreading trade war and the overhang of global debt, estimated at a staggering $247 trillion. That’s “trillion” with a “t.” The numbers are so large as to be almost incomprehensible. Households, businesses and governments borrow on the assumption that they ...

Read More »

The Twitter purge solves nothing

I lost 120 Twitter followers overnight. President Donald Trump lost 340,000, the New York Times 732,000, former President Barack Obama 3 million or so. Even Twitter’s chief executive officer, Jack Dorsey, lost 200,000 in his company’s much-hyped crackdown on dubious accounts. But what looks like a major purge is more like a public relations onslaught, as Twitter and Facebook try ...

Read More »
Send this to a friend