by Summary:
Important! Decoupling seriously on.Implications for global trade and world economy uncertain, i.e., has the US thought this through systematically. Judging by the sanctions "war" to date, probably not. Anyway, thinking through changes and likely consequences in a huge complex adaptive system like the world system is difficult to impossible. All that can be said at this point is that there will be surprises. This is a huge escalation. One thing can be said with assurance about the Biden administration — Biden and his people are high rollers, escalating existential confrontation with Russia and China simultaneously.Michael Roberts Blog — blogging from a marxist economistChina: Xi’s third term – part 3: chips, dual circulation and imperialismMichael Roberts
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Mike Norman considers the following as important:
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Important! Decoupling seriously on.Important! Decoupling seriously on.Implications for global trade and world economy uncertain, i.e., has the US thought this through systematically. Judging by the sanctions "war" to date, probably not. Anyway, thinking through changes and likely consequences in a huge complex adaptive system like the world system is difficult to impossible. All that can be said at this point is that there will be surprises. This is a huge escalation. One thing can be said with assurance about the Biden administration — Biden and his people are high rollers, escalating existential confrontation with Russia and China simultaneously.Michael Roberts Blog — blogging from a marxist economistChina: Xi’s third term – part 3: chips, dual circulation and imperialismMichael Roberts
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Implications for global trade and world economy uncertain, i.e., has the US thought this through systematically. Judging by the sanctions "war" to date, probably not. Anyway, thinking through changes and likely consequences in a huge complex adaptive system like the world system is difficult to impossible. All that can be said at this point is that there will be surprises. This is a huge escalation. One thing can be said with assurance about the Biden administration — Biden and his people are high rollers, escalating existential confrontation with Russia and China simultaneously.
Michael Roberts Blog — blogging from a marxist economist
China: Xi’s third term – part 3: chips, dual circulation and imperialism
Michael Roberts