Posted by Matt in July 18th, 2009 |
1 comment
Published in
Europe,
Financial,
Asian Expansion,
Asian Exporters,
Asian Factories,
Better Health,
Business Strategy,
Early 1800s,
Emerging Market,
Global Recession,
Globalization,
Good Business,
Gross Domestic Product,
Japanese Banks,
Luddite,
Market Expansion,
Mortgage Banks,
Precarious Position,
Trillion,
Two Edged Sword,
Us Trade Deficit,
Western European Banks
Globalization is a two-edged sword. On balance, it has brought prosperity to those who have embraced it, with rising lifestyles, better health, longer lives, and more. The more we need each other, the less likely it is that we’ll shoot each other. Shooting your customers is not a good business strategy. And while the growth [...]
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Posted by Matt in May 19th, 2009 |
no comment
Published in
Russia,
Alrosa,
Arbiter,
Business Sense,
Carats,
Commodity,
Diamond Mining,
Diamond Prices,
Diamonds,
Failure,
Good Business,
Hoarding,
Marketing,
Natural Gas,
New York Times,
Rough Diamonds,
Russia,
Veracity
Regardless of that story’s veracity, one lesson from it is certainly true: Along with oil and natural gas, diamonds are another homegrown commodity that Russia has managed through politics (rather than good business sense) to varying degrees of failure. Most recently, the New York Times reported on May 11 that Russia’s diamond mining and marketing [...]
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