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...Category Archives: China
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.
Read more...Connecting American Foreign Policy to Economic Policy
Can American foreign policy be made to work better for US citizens (outside the arms industry) and the rest of the world?
Read more...Ilargi: The Great Fall Of China Started At Least 4 Years Ago
Why China’s slowdown and exported deflation started far earlier than most pundits and analysts would have you believe.
Read more...The TPP is a Multi-Dimensional Simultaneous Equation
How Japanese Prime Minister Abe’s remarks to the DIet about the TPP reveal a lot about the aims of this deal and its vulnerabilities.
Read more...George Washington: The 6 Reasons China and Russia Are Catching Up to the U.S. Military
It’s a wonder the US was able to maintain its military dominance as long as it has, given the scale of looting.
Read more...China’s Raging Bond Bubble Exposed
Yet another China risk warning.
Read more...Failure of Globalization and the Fourth Estate
“Free Trade,” the banner of Globalization, has not only wrecked the world’s economy, it has left Western Democracy in shambles.
Read more...How Much Longer Can The Oil Age Last?
Even with the cost efficiency of renewables being much higher than many realize, major energy buyers don’t act as if the oil age is ending soon.
Read more...