Founder and Chair – LMFC
Vice Chair – LMFC
President and CEO – LMFC
President & CEO – The Bank of Holland
SVP of Shared Services - LMFC

Hear from the founder of Lake Michigan Financial Corporation, Rich Lievense, and his insight on what this blog encompasses.

Apple’s experience shows why jobs are flowing to China and the commitments they need to make in order to earn this work.  I am not sure we are ready to go back to the days of company employee dormitories and 12 hour, 6 day a week jobs but this certainly explains the current world wide electronic device manufacturing business.

Read "Apple, America and a Squeezed Middle Class" from The New York Times.

This article provides the best review of being in manufacturing and competing in a world market.  It is an excellent piece that puts a human face on the topic.

Read "Making it In America" from The Atlantic.

Forget austerity, sovereign debt, and the euro.  The roots of Europe’s problems are much deeper.  They relate to their falling population and inability to provide opportunities to their young people.  These are some of the same factors that led to a mass movement to the United States in the 19th and 20th centuries.

Read "The Other Reason Europe Is Going Broke" from The New York Times.

For a century, the American economy has introduced many of the world’s most innovative products.  This innovation has led to a standard of living for our country that is unsurpassed in the world.  There are those who feel this innovation will be led by China in the future.  This article discussed this important topic.  The Great Stagnation

Read "Will China Outsmart the U.S.?" from The New York Times.

If you are interested in reading further about this topic, we have recently read a short book that presents the importance of innovation for our economy.  The book is Tyler Cowen’s The Great Stagnation.  I would highly recommend it.

Find "The Great Stagnation" by Tyler Cowen on Amazon.

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