Category Archives: On the cover

On the cover

Why We Should Worry About China

Why We Should Worry About China

This article was published in Israel here.

Why We Should Worry About ChinaMany of our readers might remember the late 80s. There were hundreds of movies, songs and books about the inevitable Japanese economic invasion. The ones of you that did not live that period can see that it did not happen.

Why? Because the Japanese growth miracle was built on a massive debt bubble and, once it burst, the country fell into stagnation for the better part of two decades. It still has not recovered. Continue reading Why We Should Worry About China

Market Impact of the US Tax Reform and Rising Chinese Yields

In this short video we explore the impact of the US tax reform on markets, what is discounted and what is not, as well as the risks coming from rising Chinese bond yields.

Daniel Lacalle is Chief Economist at Tressis SV, has a PhD in Economics and is author of “Escape from the Central Bank Trap”, “Life In The Financial Markets” and “The Energy World Is Flat” (Wiley) Continue reading Market Impact of the US Tax Reform and Rising Chinese Yields

China-US Trade Agreement Shows Why Trade Wars Are So Unlikely (BBC Interview)

Hi, I Am A Globalist Millionaire. Raise My Taxes

To whom it may concern,

I am a globalist millionaire and I am appalled at the GOP tax reform. It aims to reduce taxes by $1.5 trillion after the Obama administration raised them by $1.5 trillion. I disagree that this tax cut is giving back to job creators and families the efforts of the past years, because we need more funds.

I am worried that this Tax Reform will increase the deficit, although I was happy to see debt increase by $10 trillion.

I am worried that this Tax Reform will increase the deficit, although I defended deficit spending policies all my life.

I am worried that this Tax Reform will reduce corporate taxes because my corporation lives mostly from subsidies.

I am worried that this Tax Reform will help middle-class families and small businesses because they threaten my rent-seeking business.

Why Globalist Millionaires Hate Tax Cuts:

  • Part of their business is Government handouts or subsidies. Yours isn’t.
  • They can hire top tax experts. You can’t.
  • Tax increases empower governments. Tax cuts empower you.
  • Big Government is good for crony sectors. Not for you.