Should we become entangled with our adversaries?
David Beckworth has a very interesting interview with Paul Tucker, a former governor of the Bank of England. Tucker has a new book on international affairs, and had this to say: [W]e need peaceful coexistence with China, and that can probably include some trade with China, but that should not include trade with China […]
Davos Elite Won’t Tackle Climate Crisis and Global Inequalities
Yves here. Readers may regard the title as “dog bites man,” but our supposed betters expect to be treated with a great deal of deference. That includes not having Davos hypocrisies called out, like acting as if they will of course keep their lavish lifestyles while the lower orders make sacrifices, including on the climate […]
Things are looking up for the global economy
Sometimes, optimism can be infectious. The cheery mood in financial markets, where global stock markets have risen about 4 per cent in the first three weeks of the year, spread this week to the rarefied atmosphere of the World Economic Forum in Davos. The annual gathering of business, economic and political elites in the Swiss […]
