Information about finance, the economy and business. Entertaining and informative. Seeking Alpha Certified Mark Sunshine Chairman & CEO

Archive: Jan 2009

  1. Sunshine Travel Log Blog – I Went Fishing And The Fed Slowed Money Supply Growth

    Last week­end I went fish­ing in Tokyo har­bor. The below pic­ture is my friend Masura Ono with a really big fish that he caught on his boat. Ono-san is a famous lawyer in Tokyo. He is a senior part­ner at the largest law firm in Japan as well as a law pro­fes­sor at the Uni­ver­sity […] [read full story]

    Posted in: BANKS, Deflation, Economic Statistics, Federal Reserve, Finance, Inflation, M1, M2, monetary policy, Money Supply, Public Policy
  2. Sunshine’s Travel Log Blog — The Chinese Economic Miracle May Be Unraveling

      The Chi­nese eco­nomic mir­a­cle appears to be unrav­el­ing at an alarm­ing and accel­er­at­ing pace. In just 30 years, China was able to trans­form its econ­omy from a Marx­ist bas­ket case to a global man­u­fac­tur­ing pow­er­house. But recent reports of mas­sive plant clos­ings, sky­rock­et­ing unem­ploy­ment, plung­ing exports and grow­ing social unrest are rais­ing seri­ous ques­tions about […] [read full story]

    Posted in: Asia, China, economy, Finance, Politics, Trade, Trade Finance, Travel Log
  3. Sunshine’s Travel Log Blog – Day 6 and 7, Humans for export!

    The next stop on my trek through Asia was to The Philip­pines. First Cap­i­tal has a grow­ing and vibrant office in Manila that does var­i­ous account­ing and trans­ac­tion pro­cess­ing func­tions for the rest of the com­pany. Sur­pris­ingly, the largest export prod­uct for The Philip­pines is humans. The export of young and tal­ented work­ers who send […] [read full story]

    Posted in: Asia, economy, Finance, Politics, The Philippines, Travel Log
  4. Sunshine’s Travel Log Blog – Day 5– The Land of Mao

    Around noon­time on Sun­day, I arrived in Bei­jing.  After check­ing into the hotel, I decided to get some lunch where I was given today’s edi­tion of China Daily, a.k.a., “The National Eng­lish Lan­guage News­pa­per,” estab­lished by the Com­mu­nist Party in the 1980’s.  Accord­ing to the China Daily web site, it is the most author­i­ta­tive and […] [read full story]

    Posted in: China, economy, Finance, Politics, Public Policy, Trade
  5. Financial Crisis and Reform – A Guest Blog By Marshall Sonenshine

    About a month ago Mar­shall Sonen­shine deliv­ered pre­pared remarks at the Har­vard Law School Lead­er­ship Con­fer­ence. Below are excerpts of Marshall’s words, all of which I agree with and believe deserve a wide audi­ence and dis­cus­sion. As an intro­duc­tion to Marshall’s text and so every­one has full trans­parency and dis­clo­sure, I think it is impor­tant […] [read full story]

    Posted in: BANKS, Credit Crisis, Credit Default Swaps, economy, Finance, Marshall Sonenshine, Politics, Public Policy, REGULATION, Regulatory Reform
  6. Sunshine’s Travel Log Blog: Day 1 – The 8% Mantra

    8% is the magic num­ber for China and every­one that I met today in Hong Kong knew it. Con­ven­tional wis­dom is that if the econ­omy grows by 8% in 2009 all will be well for the Peo­ples Repub­lic of China. The crash­ing export sec­tor won’t be a prob­lem. Tens of thou­sands of busi­ness fail­ures won’t […] [read full story]

    Posted in: BANKS, China, Economic Statistics, economy, Finance, Politics, Trade, Travel Log
  7. Sunshine’s Travel Log Blog: Day 0 – Off To Hong Kong

    I am trav­el­ing in Asia until Thurs­day, Jan­u­ary 22nd and while I am there Sun­shine Notes is con­vert­ing to the Sun­shine Travel Log Blog! When­ever pos­si­ble I will write about the trip. Some of the travel log blogs will relate to finance and busi­ness; while oth­ers will hope­fully just be fun. But, before we start the […] [read full story]

    Posted in: China, Economic Statistics, economy, Finance, Hong Kong, Politics, Travel Log
  8. GM dealers gone wild – my real life experience trying to buy a GM vehicle" rel="bookmark">GM dealers gone wild – my real life experience trying to buy a GM vehicle

    I needed to buy a new car at the end of the year. After all the news about GM, I really wanted to buy an Amer­i­can car. But try as I might, I ended up buy­ing a Japan­ese car, although I sup­pose it may have been assem­bled in the US. A bit of back­ground…. I actu­ally […] [read full story]

    Posted in: Automobile, economy, Finance, GM