Russia, China and the Geopolitics of the Silk Road
China's new "Silk Road" for international trade is an important component in the regime's larger geopolitical strategy.
China's new "Silk Road" for international trade is an important component in the regime's larger geopolitical strategy.
There is a very stark contrast between market-friendly Botswana, South Africa, and the statist hellhole of Zimbabwe.
The bottom line is that Macron should drop his statist European-wide proposals and put all of his focus on fixing France.
There is no danger of China truly freeing its economy and thus really rivaling America's more market-based system.
A major catalyst behind the collapse of the Bretton Woods system was the loose monetary policies of the US central bank, which pushed the price of gold in the gold market above the official $35 per ounce.
If a currency can't be converted on demand into the underlying commodity, it's not "backed" by that commodity.
What America is facing are the illogical trade policies of an economically illiterate president in the White House.
International exchange and economic freedom are mutually reinforcing, while protectionism is a form of political control.
Here are two ways to gauge the strength of the world economy.