The hottest Global Trade Substack posts right now

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Top World Politics Topics

After inflation, deflation?

Off to Lunch • 255 implied HN points • 08 Feb 24
💼 Business Economy Exports Inflation Global Trade
  1. Recent data shows deflation in the Chinese economy, affecting consumer prices and factory goods.
  2. Deflation poses challenges for businesses, as consumers may delay spending anticipating lower prices.
  3. Bank of England aims to maintain 2% inflation, highlighting the negative impacts of deflation on business profits and debt.

Cellular Walkie-Talkies.

News Items • 412 implied HN points • 09 Jan 24
🌍 World Politics Global Economy Economic Impact Global Trade
  1. War over Taiwan would have a significant cost in blood and treasure, surpassing previous global crises like the war in Ukraine and Covid pandemic.
  2. A conflict in Taiwan would devastate its economy by around 40%, impacting other major economies like China and the US.
  3. The global GDP would suffer a significant 10.2% decline, with countries like South Korea and Japan most affected.

Chartbook: Whither China? Part II - Posen v. Pettis or "authoritarian impasse" v. "structural dead-end"

Chartbook • 1859 implied HN points • 15 Aug 23
🌍 World Politics China Global Trade Economic Analysis
  1. Different interpretations exist regarding China's economic problems, with one side emphasizing authoritarian impasse and the other focusing on structural issues.
  2. The authoritarian impasse view highlights an inevitable downfall of authoritarian regimes, while the structural analysis points to socio-economic inequality as the root cause of China's economic challenges.
  3. The solutions proposed by each side differ, with one advocating for regime change and the other suggesting a shift towards a more inclusive growth model.
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How The First Reserve Currency Died

The Dollar Endgame • 379 implied HN points • 19 Sep 23
💾 History Currency Global Trade
  1. Reserve currencies have played a vital role in upholding global dominance for empires throughout history by offering a widely accepted medium of exchange, fueling borrowing, spending, and state funding for wars of expansion.
  2. History does not follow a linear path but rather a cyclical pattern, with repeated 80-year cycles known as Fourth Turnings, marked by moments of crisis and upheaval that reshape societies and nations.
  3. The rise and fall of the Dutch Guilder, the first global reserve currency controlled by the Dutch through the powerful United Dutch East India Company, exemplify the dynamics of economic dominance and empire-building in the past.

Who produces machine tools?

kamilkazani • 727 implied HN points • 09 Jun 23
💼 Business Manufacturing Technology Global Trade
  1. Machine tool production is concentrated in Western Europe and East Asia, led by Germany and Japan.
  2. The machine tool industry is knowledge-intensive and technology-driven, requiring skilled labor.
  3. Old industrial powers that adapt to new technology changes have a significant impact on machine tool production.

De-dollarization is about more than currencies: As dollar system declines, what comes next?

Geopolitical Economy Report • 378 implied HN points • 03 May 23
🌍 World Politics Economic Systems Monetary Systems Political Economy Global Trade Financialization
  1. De-dollarization is a shift away from the US dollar system towards a new economic system based on reducing imbalances and promoting balanced economic growth.
  2. The current crisis in the dollar system is exposing vulnerabilities, such as declining capital inflows and the need for central bank intervention to prop up asset markets.
  3. The future economic system may involve a mixed public-private economy, government intervention in strategic sectors, and capital controls to prevent financialization and promote productive expansion.

Beijing is reportedly softening tone on US ahead of Xi’s visit…But is it really?

Wenhao’s news blog • 58 implied HN points • 14 Nov 23
🌍 World Politics US-China Relations Global Trade International cooperation
  1. China's state media is highlighting US-China cooperation but still blames the US for strained ties.
  2. Recent editorials from state media criticize the US for provoking China and having a misjudgment of the situation.
  3. There are calls for the US to follow the will of the people and remove obstacles to improve relations with China.

The Gold Standard Is Back: BRICS To Intro Gold-Backed Reserve Currency

QTR’s Fringe Finance • 28 implied HN points • 10 Jul 23
💰 Finance Currency De-dollarization Global Trade
  1. BRICS countries are planning to introduce a gold-backed reserve currency, challenging the US dollar's dominance.
  2. The move could lead to a devaluation of fiat currencies and pose a shock to the global fiat money system.
  3. This announcement is part of a larger plan to de-dollarize and shift away from the US dollar as the world's global reserve currency.

Russia's New Friends

Apricitas Economics • 31 implied HN points • 18 Feb 23
🌍 World Politics Russia China Turkey Sanctions Global Trade
  1. Russia is turning to new friends like China and Turkey due to being cut off from trade with the US, EU, Japan, and others.
  2. China is a key partner for Russia in trade, particularly in oil and natural gas, machinery, electronics, and vehicles.
  3. Turkey is also becoming a significant trade partner for Russia, showing a strong growth in exports and imports, especially in manufacturing and gold.