1/2 Good Matthew Klein piece on recent developments in the Chinese economy, with especially interesting numbers on continued demand weakness and on financial flows (including flight capital). Matthew C. Klein theovershoot.co/p/chinas-anti-…

I gather that in 2025 "Suez" is now code in the Beltway for a humiliating collapse of grand strategy, though in the underlying logic in 1956 and 2025 is very different.

On climate, America is more than Washington ft.com/content/a3d9d2… 来自 @ft

How New York became a political laboratory ft.com/content/c58c2d… 来自 @ft

Jimmy Kimmel’s Show to Return to ABC on Tuesday Night nytimes.com/2025/09/22/bus…

I am starting this. Who knows, it might have contemporary relevance

Jerome Cohen, Lawyer Who Saw a Future in China, Dies at 95 nytimes.com/2025/09/27/wor…

The gap widens between the pay of public school teachers in the US and other college graduates.

Transcript: China’s economy vs the world. With Michael Pettis ft.com/content/10cee4… 来自 @ft

theguardian.com/world/2025/oct…

theguardian.com/environment/20…

There are rumors -- based on material reported in the Argentine press -- that suggest the US lifeline to Argentina will be funded using Special Drawing Right certificates, and that the BCRA will on lend some funds to the MoF to do bond buybacks ... 1/

Will Zohran Mamdani’s rise mark a new dawn for American socialism? ft.com/content/46f14d… 来自 @ft

Other people’s money, and the problem with Mileism ft.com/content/5f4bb8… 来自 @ft

My long-form 29 Aug 2025: “The world trade system isn’t being saved by a single leader swooping to the rescue, but by countries who believe the rules-based trade system is a magnificent generator of prosperity. “”The world is not by fighting Trumpian fire with fire, but by

open.substack.com/pub/nilsgilman…

Great analysis from Michael Pettis . I think it’s even easier to understand if you think of that gap as the stealth taxes the Chinese population is forced to pay to fund the country’s loss-leading models that grab international market share from entirely viable Western

Hit by the fallout from Trump’s trade policy, US farmers need savings too. Read more on today's Top Links in the comment below:

Niall Ferguson, Victor Davis Hanson and Stephen Kotkin: Three Historians... youtu.be/v1Gm1OR2SPg?si… 来自 YouTube

What GPU pricing can tell us about how the AI bubble will pop. Read more on this topic and more in the Chartbook today.