Interesting article by a American economist on the Chinese economy, showing how most US economists misread events there. Goldman is on the side of the US maintaining hegemony but his analysis shows how and why this is just wishful thinking if the current trend persists, and there is not much the US can do about it without confronting the Thyudicides trap.Asia TimesWestern contempt for China turns to panic Spengler (David P. Goldman) Poking sticks into the dragon's liar is a dumb move...
Read More »Charles and Louis-Vincent Gave — Gavekal On The Coming Clash Of Empires: Russia’s Role As A Global Game-Changer
This is an interesting analysis from the POV of globalization, the global economy, geopolitics, geostrategy and political economy. I am not endorsing the analysis itself, although it is plausible and makes many good points such as the geopolitical conflict between sea-power or thalassocracy, and land-power or tellurocracy. While the specifics are interesting, the method of analysis is much more significant. The chief reason I am posting it is to show how developing an entire...
Read More »