US/China Trade Relations – China Syndromes?

That we're still discussing the US/China relationship, especially the trade front, should not be a surprise. What is a surprise is the one-dimensional perspective commentators take. To us, this is nothing like a conventional trade war, and instead is the predictable "conflict of self interests"; a path that the two superpowers have long been on. …

Brexit seems to mean “sterling crisis” – but does it mean a trip to the IMF as well?

Britain is used to “lights out” humor. But today seems different. In the UK, there are clear parallels with the 1970s, a decade that saw the country enter Europe, confirm it with a referendum, and then seek an IMF bailout. In this longer post we explore those parallels, and consider a subset of the risks, …