Commentary The communist Chinese are full of advice. After all, Xi Jinping aspires to become the world’s hegemon and probably believes and expects others to rightfully do what he and his fellow communist apparatchiks preach—no matter the consequences. That was the approach that Mao Zedong used: dream up a crackpot economic, social, or political policy…
A Tale of Two Countries: Lessons Australia Should Learn From Argentina
January 27, 2023
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Commentary A survey by JP Morgan reveals that Australia’s business leaders are “cautiously optimistic about the economy,” while almost half expect a recession in 2023. It also points out that energy prices “continue to weigh on Australian businesses.” Similarly, the Reserve Bank of Australia indicated in November 2022, that the “prospects of a significant slowing…
North Korea May Resume Trading With China and Russia Amid Economic Crisis
Since the start of COVID-19, North Korea has adopted the most stringent lockdown globally, further intensifying its economic difficulties. Reports suggest an increased number of army deserters, an inability to print money, and a lack of food and medical supplies. North Korea’s worsened living conditions may force it to open its borders to China and…
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