Category Archives: China

Goldman Is Evil But McKinsey Is Worse

Why the McKinsey veneer is looking tattier and tattier with every passing day, and why that’s not likely to change.

TikTok Got A US Reprieve, But Elsewhere, It’s War

Tik-Tok is getting its wings clippped. But how far will containment efforts go?

Michael Hudson: Finance Capitalism vs. Industrial Capitalism – The Rentier Resurgence and Takeover

Michael Hudson provides a deep dive into the rise and rise of the rentier under financial capitalism.

Will North Korea Explode After Biden Becomes President?

North Korea is in even more of an economic mess than before. Will that lead to more brinksmanship?

Disruption of Seaborne Trade in South East Asia: A Quantitative Analysis

Restrictions to shipping due to military sanctions could have large negative effects on economic welfare for countries all over the world, including oil exporters such as the UAE and Saudi Arabia

A Hard Look at Rent and Rent Seeking with Michael Hudson & Pepe Escobar

An in-depth discussion of financial capitalism versus earlier models and the Chinese and Russian approach, with a focus on the role of rent.

How President Biden Can Fix our Trade Problem

Trump’s approach to trade largely failed because the problem can’t be solved by tariffs. Here’s the answer.

China Retrenches on Belt and Road Initiative as Defaults Rise

More on “Whither China?”

Why America’s Future Depends on Rebuilding Our Factories

Bringing factories back to the US would have been a good idea 20 years ago. Hard to see how we get there from here now.

The Impact of the New Asian Trade Mega-Deal on the European Union

Even though the econnomic impact ot the new Asian trade pact seems limited, Europeans see it as a geopolitical Big Deal.

Michael Hudson on Financialization and Deindustrialization

Michael Hudson on how Trump’s policies have not addressed the fundamental forces that gutted industrial jobs under the both parties

China Takes Step Against Securitization, Consumer Borrowing With Suspension of Ant IPO

With its smackdown of Ant and its billionaire founder Jack Ma, China has made clear that financiers do not call the shots.

Indian Pharma is Being Squeezed – and It’s Bad News for Drug Access in Developing Countries

The role of Indian pharma in ensuring access to low-cost drugs is important during the age of COVID-19, and not only for developing counries.

To Beat China, US Should Tax Ray Dalio Out of Existence

A recap of the recent China “Bund Summit,” which included discussion of China’s continuing need for foreign capital.

What Should Europe Expect from American Trade Policy After the Election?

Biden promises to go back to an old normal. But how realistic is that on the trade front?