Trump’s Trade War Isn’t Just A US–China Problem

The US and China won’t be the only ones affected in the trade war raging between the two countries. As companies scramble to find ways around the ever-increasing tariffs that the world’s two largest economies impose on each other’s goods, other countries are being drawn into a conflict that might have no winners. Read Here […]

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Trump Lowers The Bar For A Deal With Iran

When President Donald Trump finally followed through on his threats and withdrew the U.S. from the Iran nuclear deal in 2018, it looked like he was after something far more ambitious. Shortly after the announcement, Secretary of State Mike Pompeo outlined 12 conditions for the U.S. to lift the sanctions  At the Group of Seven summit in France, […]

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How Long Will China’s Soaring Growth Last?

To present and future Chinese leaders, managing economic change while maintaining social stability is much more important than figuring out how to respond to the social media rumblings of a sitting US president. For an economy as much as an individual, too much of a good thing can be detrimental. In the run-up to the […]

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Why the New Autocrats Are Weaker Than They Look

It has been a good decade for dictatorship. The global influence of the world’s most powerful authoritarian countries, China and Russia, has grown rapidly. For the first time since the late nineteenth century, the cumulative GDP of autocracies now equals or exceeds that of Western liberal democracies. Read Here – Foreign Affairs

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The Anatomy Of The Coming Recession

Unlike the 2008 global financial crisis, which was mostly a large negative aggregate demand shock, the next recession is likely to be caused by permanent negative supply shocks from the Sino-American trade and technology war. And trying to undo the damage through never-ending monetary and fiscal stimulus will not be an option. Read Here – […]

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