Tag: Economy

  • Those Chinese Peasants

    Some would posit, “If you have nothing nice to say, don’t say anything.” US president Donald Trump is not beholden to that epithet and neither is his vice-president JD “I don’t like China” Vance. Previously, in January 2018, Trump was criticized for referring to Haiti and African countries as “shithole countries.” On 8 April 2025, […]

  • What Lies behind Nvidia’s Commitment to “unswervingly serving the Chinese market”

    Nvidia CEO Jensen Huang, who has visited China again three months after his trip in January, recently publicly stated that the company would “unswervingly serve the Chinese market” and emphasized China’s key role in the global supply chain. He said Nvidia has grown together with the Chinese market and achieved mutual success. Against the backdrop […]

  • The Return of Stagflation

    When investing, as in horror films, the most terrifying villains are the ones we thought were dead. Stagflation that economic nightmare of the 1970s characterized by stagnant growth paired with persistent inflation was supposedly dead and buried decades ago. But like any good movie monster, it’s clawing its way back to the surface, and Americans […]

  • Trump’s Main Targets to be Cut

    Trump’s Main Targets to be Cut

    Trump’s Presidency thus far exhibits the most extreme example that I have ever found of a national leader who not only represents ONLY the extremely rich but who especially despises the poor — it’s a value-system that a person’s moral value is his/her net worth: a person’s value is his/her wealth, neither more nor less […]

  • Donald Trump and Depression Economics

    Donald Trump and Depression Economics

    Somewhere in the universe is a man known as Donald Trump. He has residences in New York, Palm Beach, Florida, and a white columned house at 1600 Pennsylvania Avenue, Washington, D.C. From these well-furnished bungalows, where supplicants meet to greet, monarch butterfly Trump governs his territory ─ planet earth. When the monarch desires a change […]

  • China-Africa Space Co-op Shows Tech’s Multipolarization, Democratization Trends

    China-Africa Space Co-op Shows Tech’s Multipolarization, Democratization Trends

    Illustration: Liu Rui/GT In recent years, cooperation between China and Africa in the space field has deepened. However, some Western media outlets have tried to distort the nature of this cooperation. On Tuesday, Reuters reported that China is “building space alliances in Africa to enhance its global surveillance network and advance its bid to become […]

  • China’s AI “Embracing Open Source” Offers Insights to the World

    The breakthroughs in China’s artificial intelligence (AI) technology have sparked ongoing reverberations internationally. Sam Altman, chief executive of OpenAI, publicly praised DeepSeek in recent days, saying it did some “nice work.” In a surprising 180-degree shift, he also expressed a desire to “work with China.” At the recently concluded Paris AI Action Summit, the French […]

  • Far from Benign: The US Aid Industrial Complex

    The US aid program began in earnest in the early stages of the Cold War, with an intention to beat off the contenders from the Soviet bloc in the postcolonial world. President Harry S. Truman proposed, in his 1949 inaugural address, “a bold new program for making the benefits of our scientific advances and industrial […]

  • Did Marx Have Anything Good to Say About Capitalism?

    Those who assume that Karl Marx emphasized only the negative characteristics of capitalism such as alienation, crisis, and exploitation are mistaken. Indeed, throughout his intellectual career – in philosophic, journalistic, historical, and economic writings – Marx stressed the creative and progressive features of capital. His social theory makes no sense unless essential duality is retained. […]

  • “Quantitative Easing with Chinese Characteristics”

    “Quantitative Easing with Chinese Characteristics”

    China went from one of the poorest countries in the world to global economic powerhouse in a mere four decades. Currently featured in the news is DeepSeek, the free, open source A.I. built by innovative Chinese entrepreneurs which just pricked the massive U.S. A.I. bubble. Even more impressive, however, is the infrastructure China has built, including 26,000 […]

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