Chinese Consumers and the Global Economy

China’s Spenders Are Saving. That’s a Problem for Everyone.

https://www.nytimes.com/2019/10/02/business/china-consumers.html 

International Affairs - Interesting Items

The Asianized World Has Arrived

https://www.project-syndicate.org/commentary/asian-century-economic-rise-regional-integration-by-jonathan-woetzel-and-jeongmin-seong-2019-10

FRONTLINE documentary investigates the rise and rule of Crown Prince Mohammed bin Salman of Saudi Arabia

https://www.pbs.org/wgbh/frontline/film/the-crown-prince-of-saudi-arabia/

Pakistan Gives a Pass to China’s Oppression of Muslims

https://www.wsj.com/articles/pakistan-gives-a-pass-to-chinas-oppression-of-muslims-11570142866

Pakistan’s political and military leadership, and business elite, have stopped investing their capital in CPEC.

https://medium.com/@farooqtirmizi/cpec-is-dead-somebody-tell-beijing-9e18a891ff0b

Government’s Role in the Mortgage Market

Government has dramatically expanded exposure to risky mortgages, echoing concerns before Great Recession

https://www.washingtonpost.com/business/economy/federal-government-has-dramatically-expanded-exposure-to-risky-mortgages/2019/10/02/d862ab40-ce79-11e9-87fa-8501a456c003_story.html 

China's Billionaires

Cost of Informal Payments

Informal payments cost governments hundreds of billions in revenue each year

https://www.economist.com/graphic-detail/2019/09/30/informal-payments-cost-governments-hundreds-of-billions-in-revenue-each-year

Gandhi's Insights

Modi on Mahatma Gandhi

https://www.nytimes.com/2019/10/02/opinion/modi-mahatma-gandhi.html

“In 1925, Gandhi wrote in “Young India”: “It is impossible for one to be internationalist without being a nationalist. Internationalism is possible only when nationalism becomes a fact, i.e., when peoples belonging to different countries have organized themselves and are able to act as one man.” He envisioned Indian nationalism as one that was never narrow or exclusive but one that worked for the service of humanity.”

Are Low Interest Rates Actually Hurting the Economy?

Could Ultra-Low Interest Rates Be Contractionary?

https://www.project-syndicate.org/commentary/why-ultra-low-interest-rates-hurt-growth-by-ernest-liu-et-al-2019-09

Global Bonds Are Selling Off for All the Right Reasons

https://www.bloomberg.com/opinion/articles/2019-10-01/global-bonds-are-selling-off-for-all-the-right-reasons

Ultra-Low Rates Are No Reason to Pay Up for Stocks

https://www.bloomberg.com/opinion/articles/2019-10-01/stocks-are-too-rich-even-with-record-low-interest-rates