Mid October 2025, I noticed an intriguing SCMP article: China’s military mouthpiece calls for ‘deep integration’ to beat joint operation weakness. In my view, the opposite is true: deep integration will increase vulnerability. Moreover, Russia will require its Max messenger app pre-installed on all smartphones sold in Russia (eg, CNN), similar to the mandatory...
China
China’s battle with deflation isn’t just a demand problem (FT)
7 Aug, 2025
Intro LO: In a market economy, lower consumer demand is compensated by lower (eg, manufacturing) supply in order to maintain consumer prices. Lower demand without lower supply, will cause high inventories, and the need for price reductions in retail and wholesale. Latter is called (price) deflation. Clearly, China does not quality as a market economy given the very...
Lies, damned lies, and American statistics?
4 Aug, 2025
"Figures often beguile me, particularly when I have the arranging of them myself; in which case the remark attributed to Disraeli would often apply with justice and force: 'There are three kinds of lies: lies, damned lies, and statistics.'" The above is an excerpt from a 1907 article by Mark Twain in the North American Review (NAR) literary magazine. Twain refers to...
No more Mr(s). Nice Guy
29 Jul, 2025
A recent Foreign Policy article claimed: "As Beijing prepares to host a high-level summit with the European Union on Thursday, the message from Chinese officials seems to be “No more Mr. Nice Guy.” My question: has China ever been a Mr. Nice Guy to anyone ?? Not to my knowledge. In China, the Greater Good rules, as well as its president (see cartoon). Everyone...
America First will become America Last ?
22 Jul, 2025
The Axios article below, Trump's China retreat, is interesting. In my view, the American retreat is not only about China though. USA is retreating to a regional Superpower role, which the American Maya civilization fulfilled for millennia. See my diagram on Superpowers in Space & Time. Source: my 10 March 2025 blog Chaos, Equilibrium, SuperPowers and the United...
Congress just pushed the U.S. toward a debt crisis. The Fed can’t save us. (WaPo)
16 Jul, 2025
Intro LO: The biggest problem of a debt crisis is the increasing interest burden in annual government budgets. This explains why Trump wants to replace the chairman of the Federal Reserve, who resists lowering interest rates. Lower interest rates would - normally - help in containing the annual interest burden. Wikipedia: "A debt crisis is a situation in...

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