Tag Archives: China

Credit Exhaustion Is Global

The signs are everywhere: credit exhaustion is global, and that means the global growth story is over: revenues and profits are all sliding as lending dries up and defaults pile up. What is credit exhaustion? Qualified buyers don’t want to … Continue reading

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China’s S-Curve of Expansion, Stagnation and Decline

Natural and human systems tend to go through stages of expansion, stagnation and decline that follow what’s known as the S-Curve. The dynamic isn’t difficult to understand: an unfilled ecological niche is suddenly open due to a new adaptation; a bacteria … Continue reading

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Does White Supremacism Motivate Trump Against China?

Eric Zuesse On January 30th, the South China Morning Post bannered “How Donald Trump could change the course of Meng Wanzhou’s ‘years-long’ battle against extradition: Canada usually complies with extradition requests but the China-US trade war – and the US … Continue reading

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The Private Wealth Within Nations, Now and in the Future

Eric Zuesse, originally posted at The Saker The annual Credit Suisse Global Wealth Report is the gold-standard for estimates of private wealth around the world. The latest is Global Wealth Report 2018. It’s at: https://www.credit-suisse.com/media/assets/corporate/docs/publications/research-institute/global-wealth-report-2018-en.pdf Some aspects of this report … Continue reading

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The Conflicting Forces of Modernism: Kafka and Kierkegaard

In Kafka’s Nightmare Emerges: China’s “Social Credit Score” (May 7, 2018), I wrote about Kafka’s vision of a bureaucratic nightmare emerging in China’s “Social Credit Score.” The idea here is the central state sets up a vast, pervasive surveillance system to monitor … Continue reading

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