China Won’t Be Taking Over
Why China is fragile and starting to look wobbly.
Read more...Category Archives: China
Marshall Auerback: All of Our Bets on China Have Been Wrong
Due to Western misperceptions and China’s rising authoritarianism, the current trade war is evolving dangerously into Cold War 2.0.
Read more...“Alexa, Launch Our Nukes!” Artificial Intelligence and the Future of War
Great. Will the new maxim of war be, “He who controls the training set controls the future”?
Read more...Bill Black: Countering Chinese Accounting Control Fraud and Predation Against U.S. Investors
Bipartisan failure of securities regulators allows the China Hustle of accounting control fraud to fleece US investors in Chinese companies.
Read more...Huawei’s Meng Snagged Due to US Bank Sanctions
More on the arrest and planned extradition of Huawei CFO Meng.
Read more...Huawei CFO, Daughter of Founder and Possible Heir Apparent, Arrested in Canada on a US Extradition Request on Charges of Transfer of US Technology to Iran
A US criminal case targeting Huawei has thrown a big spanner into US-China relations.
Read more...G20: You Can Smell Tear Gas in the Streets as the Oil Industry Squabbles
What the G20 and OPEC meetings mean for the political relations, economies, and people of the world.
Read more...An MMT View of “Twin Deficits”: Budget and Current Account Deficits
Why the worries about the US budget deficit and China buying Treasuries are overblown.
Read more...Stationary Bandits, State Capacity, and the Malthusian Transition: The Lasting Impact of the Taiping Rebellion
Lambert here: Makes our own Civil War look like a blip. However, at least some of the conclusions seem to be borne out for our Civil War, too: Increase in state capacity, for example. By Lixin Colin Xu, Lead Economist, Development Research Group, World Bank, and Li Yang, Postdoc, Paris School of Economics. Originally published […]
Read more...The Rapid Acceleration Towards Peak Oil Demand
A rare bit of positive news on the global warming front: oil demand topped out in developed economies and emerging economies are increasingly fighting both internal combustion engines and single use plastics.
Read more...Marshall Auerback: So Far, the Big Trade War Loser Is China, Not the U.S.
China has more of a glass jaw than most economics commentators thought. But how is Trump’s trade war likely to progress?
Read more...US Stops Trade Talks With China: Posturing or Impasse?
The US and China are even more visibly at odds than usual.
Read more...Markets Edgy Over China, Italy Budget Staredown, Saudis, Brexit, Too Much Private Debt, Strained Valuations….
Markets have more reason than usual to be jumpy.
Read more...Plastic Watch: Recycling Woes
Although recycling is far from a viable solution to the world’s plastic problem, even these inadequate efforts are lacking, as press accounts from last week of corruption in the UK recycling industry, and Japan’s lag in implementing even the limited plastic reduction measures undertaken elsewhere reveal.
Read more...Marshall Auerback: A Full Employment Economy? What Could Possibly Go Wrong?
Why Trump’s trade deals could wind up being a negative for employment.
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