Headlines and TV interviews are dominated by talk of the U.S.-China trade war. That escalating confrontaion is a big deal, but it’s not the only flash point in U.S.-China relations, and not even the most important. As explained in this article, China is as much concerned about a military confrontation in the South China Sea as
The mainstream media narrative about the U.S.-China trade war implies that Trump is on a highly damaging ego trip and China holds all the cards. The exact opposite is true. Trump has ample financial warfare weapons including tariffs, penalties, bans on direct investment, improved cyber-security, forced divestiture and freezing of assets. Meanwhile, China has almost run
Readers are familiar with the war chronology I’ve described for the 1920s and 1930s. Now, events are playing out the same way. The 1920s began with a currency war started by Germany with its hyperinflation under the Weimar government. The currency war spread to France and Belgium in 1925 (with inflation) and the UK (with
“Artificial intelligence (AI) has become a key area of research and development, and while AI and machine learning algorithms begin to influence everything from our cars to our social media news feeds, the technology will soon be available to everyone. That is if Gartner’s predictions on emerging technology trends prove to be true.” Click here to continue.
I’ve written for years that Chinese economic development is partly real and partly smoke and mirrors, and that it’s critical for investors to separate one from the other to make any sense out of China and its impact on the world. My longest piece on this topic was Chapter Four of my second book, The Death
The mainstream media narrative about the U.S.-China trade war implies that Trump is on a highly damaging ego trip and China holds all the cards. The exact opposite is true. For more of this article, click here.
There are many bad actors out there who are preparing to inflict as much damage as possible to the power grid and other critical infrastructure, including the stock market. I would put Russia, China, Iran, North Korea and a few others at the top of the list. Russia and China at the top of the
All the talk about Russian tampering with the 2016 presidential election, which is vastly overstated by the way, diverts attention from the more fundamental problem: The vulnerability of America’s critical infrastructure to cyberattack by hostile actors. For more of this article, click here.
When I say the fix is in for FXI that’s not meant to be mysterious. FXI is the ticker symbol for a U.S. exchange-traded fund (ETF) composed of the largest Chinese stocks. The phrase “the fix is in” simply refers to government-backed manipulation. When you combine the two into a government plan to tank their
The trade war is beginning to take its toll on China as the Chinese economy is losing momentum. Beijing has pledged to increase small-business lending and increase infrastructure investment to help offset the impact. Ting Lu, chief China economist at Nomura Intl. in Hong Kong, said, for example, “The Chinese economy will get worse before
