Monday, May 27, 2019

Learn Economics Topic Twelve

12.  Government Shocks and Interventions:

John Mauldin Discusses What Could Go Wrong

John Mauldin published an article about the economics of Donald Trump. I share many of his views. The article deserves to be discussed further.

Meng's Arrest Vs. the Rule of Law

Trade wars, even without arresting a key player like Meng, can contribute to all three results of economic shocks.

Belt and Road: the Sri Lanka Port

Most nations embrace the Belt and Road Initiative in varying degrees.

China PPP, Asian Infrastructure Investment Bank & Powerhouse Economics

Purchasing Power Parity is another way of measuring Gross Domestic Product. This measurement of GDP puts China in the lead as the most powerful economic engine in the world. AIIB is a bank that can help the world.

Are Policy "Refugees" Jumping the Trump Tariff Ship?

Japan's Abe and Israel's Netanyahu have signaled more cooperation with China as both realize that Asia is where it's at economically.

Four Signs Trump Could Ignite a Cold War with China

Here are four indications that we are headed toward a serious breakdown in the relationship between the US and China.

Trade War; Easier for Chinese Than Americans

Steve Bannon is to China what John Bolton is to Iran. He wants a full-blown trade war

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While I have supported some economic policy, it turns out that racism was a strong motivator for some of those policies. I oppose racism in all forms and prove my commitment by rejecting anything other than the Westphalia or Westfalia view of sovereignty, which is mutual respect for all nations by all other nations. 

Perverse sovereignty is as bad or even worse than excesses in globalization which gives banks power over governments. Both are ultimately bad for America. This blogger supports free trade and opposes a border tax. But government should be stronger in order to rein in big banks who abuse the people with toxic loans.

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