A new, radical paradigm shift is in progress. The U.S. economy may shrink as much as 40% in the first semester of 2020. China, already the world’s largest economy by PPP for a few years now, may soon become the world’s largest economy even in exchange rate terms. The post-Planet Lockdown world – still a…
“Go to China!”, a woman in Denver, Colorado, shouts at two hospital workers standing in front of her car to prevent her from taking part in a protest against the coronavirus lockdown. Her cry is a sign that President Trump is having some success in demonising China: he says that that he has a “high…
When in trouble politically, governments have traditionally conjured up a foreign enemy to explain why things are going wrong. Whatever one chooses to believe about the coronavirus, the fact is that it has resulted in considerable political backlash against a number of governments whose behavior has been perceived as either too extreme or too dilatory….
Fasten your seat belts: the US hybrid war against China is bound to go on frenetic overdrive, as economic reports are already identifying Covid-19 as the tipping point when the Asian – actually Eurasian – century truly began. The US strategy remains, essentially, full spectrum dominance, with the National Security Strategy obsessed by the three top “threats” of…
Saudi Crown Prince Mohammed bin Salman may feel that the global pandemic and its economic fallout are the more immediate of his problems as the kingdom gradually lifts restrictions put in place to stymie the spread of the coronavirus. However, looming large on the horizon is a potential rift with the United States as a…
It didn’t have to end this way, but the die is now cast. After 48 years of painstaking progress, a major rupture of the US-China relationship is at hand. This is a tragic outcome for both sides – and for the world. From an unnecessary trade war to an increasingly desperate coronavirus war, two angry…
