Chinese Slowdown and the World Economy
China’s slowdown started years ago, not last year. And the impact on the US is likely to be lower than news reports would lead you to believe.
Read more...Category Archives: China
Ilargi: Square Holes and Currency Pegs
The difficultly of maintaining currency pegs, most important the renminbi and riyal versus the dollar, will put even more stress on financial markets.
Read more...US Oil Futures Plunge by Nearly 7%, to $26.55 a Barrel; Stocks Swoon
Oil has ratcheted down again and stocks are getting hammered.
Read more...Marshall Auerback: What US Treasury Yields Might Be Signalling
Bond yields warn of deflation. How real is this worry?
Read more...China’s Contradictory Aims, Greater International Role Versus Domestic Economic Control, HIt Breaking Point
China appears to be in denial that it can’t have more open financial markets and maintain the same degree of control over the economy that it once enjoyed.
Read more...Identifying Vectors Influencing China’s (and International) Markets
A list of some of the factors driving the recent market upheaval in China. Readers will hopefully add to and refine this compilation.
Read more...Another Slow Year for the Global Economy
The factors that dragged down the global economy in 2015 will persist – and in some cases worsen – in the new year.
Read more...Wolf Richter: Welcome to 2016! With Just a Touch of Mayhem for Stocks
Stocks took a beating around the globe on the first day back in 2016. Hopes of a better year start out inauspiciously.
Read more...Dollar Dominance: Deconstructing the Myths and Untangling the Web
It is not dollar hegemony that rules the world, but the global financial system which gives the dollar its place of privilege.
Read more...Private Equity Made Bad Bet on Ships, Hit by Collapse in China Trade
Private equity’s misadventure in ships is yet another proof of both hubris and too much money looking for deals.
Read more...Michael Hudson: The Top Three Economic Stories of 2015
Yves here. I beg to differ a tad with Hudson in this Real News Network video regarding his third economic story. The US had already pushed Europe to side with it against Russia when it hit Russia with economic sanctions. The US had similarly declared an economic war of sorts against China with its “pivot […]
Read more...Ilargi: 2016 Is An Easy Year To Predict
Deflation will become an even more powerful and destructive force in 2016.
Read more...Capitalism – Not China – Is to Blame for the Current Global Economic Decline
Capitalism’s “recovery” now proceeds like another speeding train headed toward contradiction and catastrophe.
Read more...Will China Be the Enforcer of the Paris Climate Agreement?
Yves here. While China has made impressive strides in technologies that reduce carbon emissions, I have trouble squaring that with their plans to build more coal-fired electricity generating plants. By Gaius Publius, a professional writer living on the West Coast of the United States and frequent contributor to DownWithTyranny, digby, Truthout, and Naked Capitalism. Follow […]
Read more...Michael Hudson: The IMF Changes its Rules to Isolate China and Russia
How the West is deploying the IMF to fight the nightmare scenario of US geopolitical strategists: foreign economic independence from the US.
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