Global Trade
48 Threads
Despite European, North American and Japanese companies exiting Russia over its actions in Ukraine, the impact on Russian consumers is minimal, although delivery times can be longe...
“The end of modern globalization may owe more to the fortunes of the U.S. dollar than Kremlinologists, Sinologists or military analysts acknowledge.” https://t.co/YppZbCGvNa https:...
1/7 @yanisvaroufakis makes some very important points here. China's success in manufacturing has been heavily dependent on the willingness of the US to absorb the consequences (thr...
"In a serious economic battle, the U.S. wins. There is no question about it..."👇🏼 https://t.co/QftCN7Y6TY This was Washington Post's prediction in 2018. But now... CNN: "US-China t...
@Molson_Hart @ChrisGuthrie And that means Tesla basically MUST source from Chinese companies for parts - which was exactly what Tesla did. Now China produced Teslas are almost 100%...
🇬🇧 Gibson's Weekly S&P Report 3 February 2023. “Vibrant Vintage” 🧵 From what we see on page 1, the Russian shadow fleet continues to expand with vintage ladies... cc: $DHT $EURN...
1/6 Janan Ganesh says that what he sees as a resurgence of protectionism initiated by deficit countries is an ideological concession from the west that international relations are...
I've often described it as a successor state of Mughals- extreme wealth concentration, no middle class, rent seeking military that consumes most of the resources. But in modern ti...
🧵In the last month, the WTO ruled that 🇺🇲 had violated trade rules in two separate cases. This little reported event has significant implications for the global trade and economic...
#Davos2023 | General feeling is that the worst is over for the global #economy. Need continued #expansion in #infra funding, says Sanjiv Bajaj, President, Confederation of Indian I...
1/6 Good article by @greg_ip on the gradual sidelining of the WTO as the arbiter of trade. The heart of the problem seems to be the WTO’s inability to discipline a very wide range...
🇬🇧 Braemar: “As China consumes ~ 20% of the world’s oil supply, a return to normality is viewed, by owners, as a wholeheartedly positive development for oil trade. This would benef...
1/10 In this very good article Peter Goodman argues that there all sorts of "friend-shoring" and "near-shoring" reasons for American businesses to shift offshore production from co...
It's time for Leg 2 of the USD Wrecking Ball World Tour! This is a great summary of relative CB hawkishness. Let's see how the currencies of countries with POSITIVE REAL RATES are...
1/9 “The fear", according to a government official, "is they might one day shut down the German site altogether and transact all their business in the Chinese factory instead. Thei...
1/4 "The weakness in producer prices was driven in large part by declining global commodity prices compared with last year, economists said. But they added that the data also refle...
1/6 It really doesn't matter how innovative US manufacturing might be, as long as the role of the US in the global trade and capital regime is to provide the deficits needed to acc...
1/4 I would add to Brad's analysis that the surge in German exports in 2009-12 was almost certainly related to the extraordinary surge in Chinese infrastructure and property spendi...
1) In today's market it's increasingly difficult to select high quality cryptocurrencies. Most fade away and as such we need to search for the best fundamentals. A thread on $MN...
1/ India's thinking is dominated by English, which means it is shaped by what goes on in the US and UK. I will explore some consequences here. First let's come to economics. Both...
The big cope with manufacturing is that it got outsourced to China because they have lax regulations. Once people try to bring manufacturing back, the reality sets in: it's hard to...
I have such a bad feeling about this US vs. China chip war escalation. I’m not saying it was the wrong move. Just that… semis are maybe the most globalized, complex, dependencies-s...
A/ It is extremely important that thinking people grasp the basics of our modern global monetary system. What you do not know can hurt you. Here is a very basic outline. 1. Nation...
Look at this chart. That’s the sterling pound against the Malaysian Ringgit. It has fallen to a 9-year low against our local currency, and is almost on parity with the US dollar...
