Evan W Rowe @ProfessorRowe
PhD in media research and practice. Background in American politics, history, and international relations. from the 954, currently in Colorado. substack.com/@evanrowe1 Boulder Joined June 2010-
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Good piece by Yasheng Huang, who makes the same point that I often do: China's massive trade surplus reflects competitive advantage (Huang calls it absolute advantage) not comparative advantage, and this is based not on its manufacturing efficiency but rather on the relatively low labor share of output. @YashengHuang yashenghuang.substack.com/p/china-as-an-…
Part of American extension of dollar hegemony is baked into this story.
🇺🇸 SEN. LUMMIS: “The U.S. did not invent the internet and then hand it to someone else to govern. We are not doing that with digital assets either.”
@john_fernandes @FirstSquawk They mean technically rising short term supplies
I'm not running for office. But if I were, these are some of the lessons I'd take away from what happened in NY yesterday. 1. Authenticity is measurable. Voters can smell a focus group from a mile away. 2. Endorsements from the current Democratic leadership now read like warnings. The establishment wing of the party is no longer a sword. It's a question mark. 3. Conviction beats caution. The candidates who said hard things about rent, about who pays for what, about Gaza, they won. The triangulators lost. 4. Cost of living is everything. Everything else is wallpaper. 5. The middle is not a strategy. It's an empty room. Voters reached past the establishment to grab someone who actually believes something. 6. Don't fear the base. Court it. The Democrats who ran from their own voters lost. The ones who ran toward them won. 7. If you want to lead a party you have to be willing to fight inside it. Mamdani didn't ask permission. He took the field. The lesson under the lessons: the country is tired of being managed. People want to be led.
Not new, it's been in this range for awhile, with much of it in the top 10%
RICHEST 20% OF AMERICANS NOW DRIVE MORE THAN HALF OF CONSUMER SPENDING The top 20% of U.S. households now account for over 50% of all consumer spending, highlighting the growing influence of high-income consumers on economic growth and retail demand. The trend underscores
@daklaspatel @Rory_Johnston If Iran wanted to play games, it would also play them in the red Sea via the houthis. Or just blow the pipeline up. Diplomatic back channels have prevented this thus far, but the US can always push Iran to hit the energy assets.
@TheTraderGuy @SantiagoAuFund @DowdEdward What's wild is you still get carry interest being long.
@jackprandelli I thought trump said he didn't care about the midterms or gas prices? ;) I think this just speeds up oil consumption on the front end, and everyone think the strait will reopen without a hitch... Then...
@TrackAIPAC Fixed it. SHAME. #AdrianBoafo #Maryland #IsraelFirst 👎👎
@_iamblakeley So is lander a radical socialist like Hannity described Hillary Clinton, or some other form of radical socialist.
@TheTraderGuy @SantiagoAuFund @DowdEdward Long?? or are you suggesting joining the like.. 90% of traders attempting to surf another BOJ intervention. I find the latter a terrifying game of chicken.
@SantiagoAuFund I do not buy the de dollarization narrative on the Chinese side either. China will seek for limited alternatives for specific situations--but they won't give up manufacturing base--which they would need to to attempt to compete in global finance and capital markets.
@foreign_sheri @Megatron_ron To be fair, the algos reinforce his world-view on this, oil down to like $70. Banks now forecasting it back to $60 by 2027...
@Andreafreedom76 Unlikely. It's going to be a bipartisan race to position each party with who can get toughest on Israel.
@EnergyCynic He'll make it up to them by making sure the Iran war goes kinetic again and Iran takes out more gulf energy assets.
Israeli soldiers use young boys for "target practice." As in, Mondays, we shoot the stomach, Tuesdays, the knees, etc. This was reported last year by the BBC and now corroborated by the United Nations' report.
AIPAC's Rep. Adriano Espaillat has been defeated by @DarializaforNY in the #NY13 Democratic primary.
@AutoDiddakt @speechboy71 @claudiaBLG73 Nutjobs have a hard time getting a grip, that's the rub.
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