Sublime
An inspiration engine for ideas
NEW: In a new @CSIS report, we show how China is leveraging its globally dominant commercial shipbuilding industry to support its naval modernization—and how foreign companies are helping. We offer detailed policy recs on how the US can confront China's dual-use shipyards. https://t.co/XU3yyaSmig
I’m sure the Carlyle group knows absolutely nothing about (checks notes) the blurring of roles between government and business / markets.
But they are right. How else does one do economic statecraft?
“We are going to rearm urgently.”
“I’d better raise rates... See more
1/8
Good piece by Robin Wigglesworth extending some of the discussions set off by Brad Setser's important CFR and China Project pieces last week on China's accumulation of "shadow reserves".
https://t.co/OUi3I5pyUN
Michael Pettisx.com“cliometrics” or economic history.
Charles R. Morris • The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
Power and Plenty: Trade, War, and the World Economy in the Second Millennium (The Princeton Economic History of the Western World Book 30)
amazon.com
Laptops in the Long Run: Evidence from the One Laptop per Child Program in Rural Peru
nber.org
Miran’s thesis:
The dollar is too strong — and it’s killing American competitiveness.
Why?
• Global demand for short-term U.S. debt
• Reserve currency distortion
• Weaponized dollar system
• Hollowed-out industry
Solution? Reset the game.
The dollar is too strong — and it’s killing American competitiveness.
Why?
• Global demand for short-term U.S. debt
• Reserve currency distortion
• Weaponized dollar system
• Hollowed-out industry
Solution? Reset the game.