A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.
Tact and diplomacy are fine in international relations, in politics, perhaps even in business; in science only one thing matters, and that is the facts.
I am going to be announcing today that we will have a business delegation come to this country sometime in the future where we will bring businesses from America to Morocco to show them the vast business opportunities here.
My role models in the business were the older guys on my team when I first got there: Gray Scott, Adrian Smith, Roland Taylor. These were the guys who took me under their wing, and really schooled me in terms of what the business was about.
