Trump’s Economics & Politics
Cloud Capital vs AI: What DeepSeek means for technofeudalism & the New Cold War
, 28/01/2025
DeepSeek, a Chinese artificial intelligence (AI) company, this week changed the global AI landscape, not to mention caused $1 trillion losses in the New York stock exchange and the NASDAC. In the process, it demonstrated the difference between cloud capital, which drives technofeudalism onward and upward, and AI-services, which were always a bubble waiting to […]
China’s Trump Dilemma – Project Syndicate
, 21/01/2025
ATHENS – With Donald Trump back in the White House, the high tariffs he has pledged to slap on Chinese imports are not China’s greatest concern. China’s leaders understand that tariffs are more significant for Trump as political and symbolic moves than as economic weapons that will seriously impede China’s growth and development. The real […]
Trump, the Dollar and China: What to watch for in 2025
, 31/12/2024
Trump wants to boost exports, bring back American jobs from overseas and reduce the trade deficit. To achieve this he needs a weaker dollar. Trump also wants a strong dollar and will not brook any challenges to its near monopoly of international payments. Can he possibly have both? Trump’s Problem No.1: His announced tariffs will […]