Tag Archives: China

Employment generates income and spending. The gap vs the pre-covid path is closing at an ever slowing rate. And the cost of living is rising faster than wages, which exacts a toll as well. These are inflation-adjusted: This came out last week:

My latest book has recently been published by Edward Elgar. The book explores the impact of neoliberal policies on the US, Europe, and the global economy. It shows how the 2008 financial crisis and Great Recession were predictable outcomes of the neoliberal policy experiment, as is the emergence of global “race to the bottom” competition. […]

Hudson Bond debate PART II March 28, 2022Is China’s Belt and Road initiative a socialist or capitalist approach to trade? Michael Hudson and Patrick Bond discuss and debate on theAnalysis.news with Paul Jay. [embedded content] TRANSCRIPTPaul JayHi and welcome back to theAnalysis.news, I’m Paul Jay. We’re going to continue our conversation with Patrick Bond and Michael Hudson about China. The first part, if you haven’t watched it, you probably should go back and watch it...

Paul JayHi, welcome to theAnalysis.news, I’m Paul Jay. We’re going to talk about China. We’re going to have two guests who agree on so many things, but they have some disagreements about just what is the character of China, and we’re going to get into that. Please don’t forget the donate button. We can’t do this if you don’t donate. If you’re watching on YouTube, subscribe and also hit that little bell thing, so you know when something new comes. Although part...

Green groves feed the townspeople crafting their wares for the benefit of an enlightened populace, the amber fields of grain are milled for bread for the troops to keep our sovereign democracy intact. The greatest of civilizations are measured by the strength of their army, the complexity of the structures that they construct, yet history tends to gloss over the fuel that stokes the fires of the greatest civilizations, the tended lands that feed...

Censorship is hard: Fight Club is getting an entirely different ending in a new online release in China, where imported films are often altered to show that the law enforcement, on the side of justice, always trumps the villain. The 1999 film by David Fincher originally ends with the Narrator (Edward Norton) killing his split personality Tyler Durden (Brad Pitt). With the female lead Marla Singer (Helena Bonham Carter), he then watches all the buildings explode outside the window and...

Preamble. Living in the US and writing honestly about US-Russia relations (and China too) is very difficult. That is because the US is the aggressor, but Russia is an authoritarian country. That split is used by the US establishment to shuffle discussion away from US aggression on to Russian authoritarianism. Side-by-side, anyone calling the US […]

Be aware, this post is choppy. My first point is when was the the Wuhan project defunded. The second point asks why are four Senators then passing bills to defund a project already defunded? And finally I am giving some history such as this research not being gain-of-function. This is Republicans being bad actors and deceiving the public. I am not sure if you remember my post called the Wuhan Readings from the Fauci Files? In it you will see a...

[embedded content]Interview with an Argentinean radio (yes, in Spanish) on the Evergrande collapse and its possible consequences. It is clear to me that the dangers come more from having debt in foreign currency than the typical critique about crony capitalism, and the lack of credibility that The Economist, for example, has put forward. In The Economist view:Evergrande shows the importance of deeper financial reforms. But what might they look like? Liberal reformers have longed for a...

Short post by Tom on the Sinophobia that has become more common in the US with the rise of the trade wars and the pandemic. He says: "Much of the United States (especially Washington, DC) is in the grip of a contagious lethal anti-China fever which is spreading fast. Even people I usually admire and respect have become infected. Reason and facts have lost all capacity to inoculate."Read rest here.