Publisher at Journal of Political Risk and Principal at Corr Analytics. Supporter of freedom, democracy, and human rights. Independent. Yale '01 Harvard '08.
Invitation to my book launch - The Concentration of Power: Institutionalization, Hierarchy & Hegemony (@opibooks) - November 23 - discussion by publisher Dean Baxendale, Prof @JamesKraska (USNWC/Harvard) and former NSC Chief of Staff Alex Gray (AFPC). https://t.co/DDmJ9ywntU
It's never too late. German business will adapt and outdistance its Chinese copycats. The question is whether German politicians can get beyond political correctness and lower the boom on the Chinese competition, be as assertive vs Chinese megacorps as they were vs the US postwar
The Confucius Institutes are part of a political apparatus the CCP uses to "break and shatter the enemy." Keeping the pressure on the united front system's efforts to evade U.S. countermeasures is an unequivocal good. But why leave it there? Many other similar organizations exist, but we (and our allies & partners) largely ignore them.
FX settlement -- the best proxy for China's actual intervention in the market -- was very strong in September. up $60b or so w/o forwards; more like $70b with forwards
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FX settlement -- a measure of foreign currency bought by both the PBOC and the state banks that historically tracks with actual intervention -- was quite strong in September. I don't think the IMF can ignore this indicator and other signs of active currency management much longer and remain credible ...
Hope CEPR and Tsinghua invited a few people who were ready to argue that imbalances have reached levels that are somewhat of a problem, and that it isn't an accident that they are concentrated in Asian countries with weak currencies
Germany's relations with China are an excellent study in realism. It took decreasing German exports to China to make Berlin tougher on Beijing. But, that toughness was instigated by German corporations that were losing market share. It was too little, too late. And, it was commercial and unrelated to the totalitarian regime's lack of democracy and human rights. The democracies' lack of ethics in their international politics and trade is not only eroding their moral high ground, but could eventually destroy their material prosperity as well. https://t.co/xYbrKOOKYU
The reality is Ukraine hitting Russian refineries has not increased the price of diesel in the US. Deregulating, issuing waivers at home, etc will add more oil to the global market. Same with allies.
If the president wants to negotiate to end Russia’s war against Ukraine, then the U.S. should be meeting with Europeans + Ukraine to compel Russia to stop.
Hasan should face the death penalty, but making his execution public and streaming it? Beyond disgusting. Public executions are what oppressive dictatorships like Iran and Afghanistan do. It should not be happening in America.
We should be holding Putin accountable for his aggression, not helping fund his war against Ukraine. That’s why I joined my colleagues in calling on the administration to reverse course on Russian diesel imports and uphold the sanctions Congress put in place.
https://t.co/IaBEhuiPpD
Beyond irresponsible. What part of enforcing a law passed 86-11 by the Senate does the President and his advisors not understand? It’s unconscionable that this administration is capitulating to a Russian dictator who illegally invaded Ukraine and butchers innocent civilians every single day. If the President wants to actually bring down energy prices, he can do it by solving the Iran problem, not by doing a solid for Vladimir Putin.
https://t.co/ccCakQUTDt
China is losing political and financial capital in its crusade against Taiwan. Protecting the island democracy is in US national security interests. Letting the regime in China fail is letting democracy win. https://t.co/3Y1EE1Ri4z
<<“While this is being ballyhooed by the EU as a great deal, the fact is that 350,000 Chinese hybrids coming into the EU market is still a lot of cars,” energy consultant David Blackmon told the DCNF, “no doubt the European carmakers will grasp at any relief but the deal really isn’t any magic bullet protecting them from Chinese intrusion into what used to be their market.”>> -@DailyCaller https://t.co/WsYYeM8b0K
China-linked scam syndicates are stealing Americans' retirement and life savings while corrupting foreign governments to shield their operations from law enforcement. Chairman @RepMoolenaar’s bipartisan Dismantle Foreign Scam Syndicates Act would dismantle these transnational criminal networks and protect Americans from CCP-backed exploitation.
The Iranian regime has the blood of Americans on its hands, and there is no doubt that it was racing to a nuclear bomb.
@POTUS made the difficult and courageous decision to confront that threat. Iran’s leaders now face a choice: abandon their nuclear ambitions or face continued economic and military pressure.
Can the US selectively default on China-held debt? It might be a good idea wherever it is held. The main justifications would be the trillions of dollars of damages to the US from things like IP theft, Covid-19, and Chinese arms sales to dictatorial adversaries like Russia, North Korea, and Iran.
Bloomberg has drawn attention to China's extensive use of non US custodians --
"“The story here is that China has been much better at hiding its dollars than it’s been about getting out of the dollar,” said Brad Setser, a former US Treasury official
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https://t.co/hC26R3yhNP