Faculty member at Clark University of Worcester, MA, and lecturer at Hefei University of Technology; private equity, entrepreneurship, China economy
New York & Hong Kong
Joined February 2013
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The victory of President Lula in Brazil is a thrilling news; a slap in the face of right wing demagogues in both North and South America. nytimes.com/2026/10/26/opini… via @NYTOpinion
Germany is restructuring its auto industry in face of Chinese competition. Painful but necessary process. US auto industry is not restructuring behind tariff walls and absence of Chinese competition. As a result, the Big 3 are destined for a slow death. giftarticle.ft.com/giftartic…
The last hurray for Detroit Big 3. Protected by tariff walls, they are reaping huge profits by gorging American consumers with idiot petrol cars, while consumers have no access to affordable Chinese EV. This simply portends death on the installment plan.
giftarticle.ft.com/giftartic…
Looks like the crowds at the Washington fireworks were very thin and essentially all white. But exactly was being celebrated? nytimes.com/live/2026/07/04/…
Today is July 4. After a long reflection, i have decided to skip any celebrations. Since MAGA’s take-over of America in 2016 with a minority popular vote, the country has embarked on steady decay. No renewal is possible under existing constitution. giftarticle.ft.com/giftartic…
This is truly frightful. Trump and his gamily are wallowing in corruption which until now has been unimaginable in the US. giftarticle.ft.com/giftartic…
The less immigation os allowed into the country, the higher the price level. Americans must become mentally prepared for much higher prices. Thank MAGA. washingtonpost.com/politics/…
Purge of US army officers by MAGA is reminiscent of Stalin’s purges of Red Army officers in 1930’s. However, when Oper. Barbarossa was launched in 6/41, German army was at the gates of Moscow within a few weeks. Might MAGA purge be hinting at something?
giftarticle.ft.com/giftartic…
It’s high time to terminate NATo alliance, now not worth the paper it’s written on. The likelihood that Trump’s America would come to defense of Europe is essentially nil. Instead the Europeans must build up their own defense capability. giftarticle.ft.com/giftartic…
This is a complete idiot idea. First, the Gulf states will seek a modus vivendi with Iran which will or already has emerged as a hegemonic power in the Gulf; second, Iran would simply threaten them militarily if they tried to approprate its assets. giftarticle.ft.com/giftartic…
Martin Miszerak retweeted
New reforms to China's hukou system will certainly benefit migrant workers by giving them access to more social services where they live and work.
But without other changes, it may not reduce cautionary savings and boost consumption significantly.
rhg.com/research/how-can-chi…
The decision on the 70% or so Republicans who support Trump is not an economic one, it’s an emotional one deeply rooted in American history.
Trump said something to me in 2016 that I’ve never forgotten.
He asked if I thought the British were going to Brexit. I said no because economically it made no sense.
He said you’re looking at it as an economic decision. It’s not. It’s an emotional one.
Three weeks later, June 2016, they Brexited.
That was the moment I understood something real about the reality of politics in the US and the UK.
Would I be surprised if Farage became Prime Minister? Not really.
The Conservatives had their run. Labour is struggling.
We’re in an anti-incumbency era across the entire West and Reform has never actually held power.
So people shrug and say it can’t get any worse, let’s try something new.
I hope it doesn’t happen. I think their policies are asinine.
But I said Brexit couldn’t happen either.
What kind of great power is unable to deliver to its allies weapons that had already been already purchased by them? The US cannot renew military offensive against Iran, for it is basically out of military materiel. giftarticle.ft.com/giftartic…
This is truly frightful. According to @paulkrugman, cost-push inflation has set in in the economy and eradicating it will be a long and painful process. open.substack.com/pub/paulkr…
If China is really serious about challenging the US$ hegemony, it must make its currency convertible. An inconvertible currency will never become a reserve currency.
scmp.com/economy/china-econo…
No great power can remain a great power for long with a total lack of fiscal discipline. Eventually the temptation to pay down the debt through inflation might become irresistable. nytimes.com/2026/05/07/busin… via @NYTimes
The 35% freshmen enrollment increase at Clark University is most impressive. This is despite the unfavorable demographics, particularly in the Northeast, and cost disadvantage to state universities. clarku.edu/news/2026/05/02/3…
Poland’s May 3 Constitution is a great document in history of European liberalism. Unfortunately its true meaning is poorly understood in Poland today. The authorship also remains obscure to most people. Its author was Poland’s greatest king, Stanislaw August Poniatowski.
Rebecca Fannin is quite an accomplished lady. I would love to attend one of her events. Maybe someday….
Comments by British ambassador about lack of accountability in US for Epstein links allude to the guy at the very top who is likely to have been involved. If the other Epstein fellow-travelers were to be investigated, who knows what they might say about the guy at the very top?
FT Exclusive: The UK's ambassador to Washington criticised America's political system for failing to hold associates of sex offender Jeffrey Epstein to account, saying it was 'extraordinary' that the scandal 'hasn't touched anybody' in the US. ft.trib.al/nNkyS4P
