Core Dangers for the Fed and China by Stephen S. Roach
Stephen S. Roach thinks the US central bank and Chinese governance share a conceptual weakness leading to major policy blunders.
Source: project-syndicate.org
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Risk Of Global Recession In 2023 Rises Amid Simultaneous Rate Hikes
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Deglobalisation's China wild card
NEW HAVEN — The widely acclaimed globalisation of the post-Cold War era is now running in reverse. A protracted slowdown in global trade has been reinforced by persistent pandemic-related supply-chain disruptions, ongoing pressures of the US-China trade war, and efforts to align cross-border economic ties with geostrategic alliances (“friend-shoring”). These developments
Source: jordantimes.com
China's growth sacrifice
NEW HAVEN — Since the days of Deng Xiaoping, economic growth has mattered more than anything for China’s leaders. The 10 per cent annualized hyper-growth from 1980 to 2010 was widely seen as the antidote to the relative stasis of the Mao era, when the economy grew by only about 6 per cent. But under President Xi Jinping, the pendulum has swung back, with 6.6 per cent average
Source: jordantimes.com
China's Growth Sacrifice by Stephen S. Roach - Project Syndicate
Stephen S. Roach says that three factors have shaved nearly 3.5 percentage points from annual output gains since 2012.
Source: project-syndicate.org