China’s economic slowdown is drawing a lot of attention in Manhattan boardrooms. While Asia’s largest economy is not faltering, its 4.8% growth rate in the third quarter—the slowest this year—is sending up warning signs everywhere. Even the positives come with (serious) asterisks. For now, external demand is keeping China on track for this year’s 5% …
Category: US
proposed fiscal policies for US economies
Mammoth debt,War, the AI bubble bursts
Artificial intelligence, which was presented as the “revolution that will save the world economy,” is now turning into a nightmare for investors and businesses. At the same time, geopolitical tensions are escalating… A view from the future In this context, Vladimir Putin has achieved significant successes in the war against Ukraine and has begun to …
Stephen Miran: Trump’s man who will rewrite the rules and end the FED’s independence
Generally speaking, the Fed’s independence is widely understood and supported in principle in Washington, in Congress, where it really matters. The point is that decisions should be made based on the best analysis of the data, on how to achieve its dual goal of price stability and employment, as best it can, for the benefit …
The dollar as a reserve currency is killing the US economy
The advantage of the US having the dollar as the world’s reserve currency is that it creates demand for dollars. Countries accumulate dollars and tend to invest them in US bonds, keeping US borrowing costs low. The curse, especially since Nixon ended the convertibility of the dollar into gold (1971), is that there is no …
Trump brought the EU to its knees – Two trillion are leaving for the USA – Stop subsidies and a welfare state
The US-China currency war is putting the final nail in the coffin of the global economy
The U.S. economy has not faced such a tariff regime in nearly 80 years. It is in a situation without historical precedent and therefore without the possibility of “ready-made recipes.” Given the absence of recent historical precedent, the Federal Reserve is waiting for more evidence that consumer prices are not rising sharply due to tariffs …
Markets demand fiscal discipline – US, France, Britain and Italy on the brink of the abyss
The fiscal position of many advanced economies has deteriorated dramatically, it is now a well-established picture. The nightmare of the debt crisis has shifted from peripheral economies like Greece to the major players. Recently, the spotlight has turned to the United States, where the “One, Big, Beautiful Act” has credited the White House with large …
Trump imposes capital controls on foreign investors
Donald Trump is making a dramatic move that could change the face of global capital flows – access to the world’s largest market will not be free. To participate in the US financial system, which is the deepest and most liquid in the world, comes at a significant cost. Following the swift passage of the …
Trump “privatizes” the dollar (Genius Act) and hands it over to Big Tech – The end of the Fed with stable coins
Donald Trump’s attempt to expand the dollar system through stablecoins. Trump wants to limit the supply of the dollar and its parity in order to reduce trade deficits while at the same time not wanting the US currency to lose its privileged status as the world’s reserve currency. This can be successfully done by integrating …
US Federal Government Debt: Bond Purchase by Stablecoin Issuers – End of Extortion
The difficult equation of how to keep the dollar as the global reserve currency and at the same time depreciate its value so that the US economy can regain competitiveness and reduce its trade deficits with the rest of the world is up to the Donald Trump administration – and all this against the backdrop …