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If this post seems China-centric, that's because China has a disproportionate influence among the BRICS. While each BRICS case has its own specific proximal causes, I always fall back on the following post earlier in the thread: Emerging and Frontier Markets: Economic and Geopolitical Analysis...

Currency update, courtesy of the Hurriyet Daily News. The article has a focus on Turkey, but this info-graphic is worth pulling out in order to highlight just how widespread the economic damage is: Will a 3-lira dollar lead to an economic crisis in Turkey? - ECONOMICS

China is certainly having an effect, for the following reason: in a correction, when one is prohibited from selling certain assets (e.g. Chinese stocks), one sells whatever one can. In this case, commodities and non-Chinese stocks, which have both taken a hit this week. That said, I must agree...

@Technogaianist This is why I try not to post on PDF anymore, but since you are one of the quality members, I will respond. It's Fisking time. Wrong. Wrong. I will borrow @qwerrty 's graphic from earlier: Look at how much the USD has increased its volume share vs the CNY. Wrong...

Top 3 choices: 1) Cruz 2) Rubio 3) Walker

Thanks for the article, very interesting. I think you have identified the issue, which is that those living abroad who retain nationalistic feelings are probably desperately holding on to a sense of belonging at home, and manifest this by projecting hatred onto their host country. This is a...

Personally, yes. That's why I'm a registered independent, even though I have conservative leanings. I vote on a candidate-by-candidate basis, based on how that candidate's platform and actual votes align with my own values. If I'm honest, most Americans probably don't have such a high...

No contradiction here: the Chinese people prospered despite the CCP, not because of it. Wherever the CCP loosened restrictions, the Chinese people found a way to do business. But the Chinese people have no say in what sectors are deregulated, that still remains up to the CCP elites. Agreed...

The CCP has fostered tremendous social progress for the Chinese people, but as we've already agreed, it's unclear that the CCP was necessary in order to create that social progress. I prefer to credit the Chinese people themselves, but that's a different discussion for a different time. The...

China's size is both its strength and its weakness. It has historically given China a great deal of heft in world affairs, and provides China with a kind of gravitational pull towards its neighboring satellites, which encourage integration into China's bloc. On the other hand, the sheer size...

Apologies for not responding sooner--I never received a notification that you mentioned me in this thread. I have to parse your statement to address several points. I think there's truth to what you're saying in the sense that what has been appropriate for other countries (e.g. democracy) may...

@Nihonjin1051 I don't believe we should station troops where we are not wanted, so if the residents of Okinawa (and South Korea) don't want us, we should leave. What escapes me is why Okinawa, specifically, is the first and last solution for any relocation. There are other islands in the...

As I understand it, the Standing Committee is dominated by Xi, with 6 of the 7 Committee members in Xi's faction (and the 7th is Li Keqiang)--so no, it appears that no opponent of Xi has any influence in the CCP at this stage. And since Xi commands the armed forces as well, it's unlikely that...

I think China had the potential to accomplish this with Hu Jintao's "peaceful rise" rhetoric, but Xi has turned out to be not so clever, and destroyed all of the good will that was built up. The Shanghai faction appears to more clever vis-a-vis international opinion, but they appear to be out...

It's uncanny, isn't it? I once emailed The Diplomat to ask them to create a forum (why re-post their articles elsewhere if we can discuss on their site?), but I never received a reply. It appears they are content with their Disqus comments system. Regarding the article itself, it makes sense...

There is a long dispute settlement process. If that doesn't work, then: WTO | Disputes - Dispute Settlement CBT - The process - Stages in a typical WTO dispute settlement case - Countermeasures by the prevailing Member (suspension of obligations) - Page 1 In short: a trade war. And which...

That's what the Saudis said, until the US became the swing producer through its hydraulic fracturing innovation. China is faced with two choices: either continue to consume and export rare earths, or halt exports and reserve the rare earth consumption for itself only. Besides violating WTO...

Molycorp couldn't survive because China relaxed its export restrictions on rare earth resources, and Molycorp's cost of extraction is higher than China's. It's the same story with oil, where Saudi Arabia is flooding the market with oil to squeeze out the high-cost American fracking industry...

Very interesting analysis, but I can't help but feel it's a futile way of attacking the problem. To wit: This is an arbitrary determination--why can't the other school of Confucianist thought make the same claim about the interviewee's school? Framing the values of China around the...

As I said in the other thread, I don't write long posts anymore, so to keep this short: 1) When short-sales are banned, owners of 5%+ of a company are forbidden to sell, IPOs are forbidden, 50% of float is suspended from trading, and the government orders banks and brokerages to buy--can we...