Chamath Palihapitiya Says US Economy 'in the Toilet’ if Not for Government Distortions – Here’s What He Means

Chamath Palihapitiya Critiques Government Influence on US Economy: Claims It Would Be in Trouble Without It

Chamath Palihapitiya, a well-known billionaire venture capitalist, has sounded an alarm regarding the US economy’s current state. During a recent episode of the All-in Podcast, Palihapitiya presented data that highlights a worrying trend. Much of the economic growth that we’ve seen in recent years can be attributed to substantial government consumption. Palihapitiya argues that without […]

Illustration: Chen Xia/GT

Exaggeration and Negative Intentions Surrounding Chinese Economic Outlook

Illustration: Chen Xia/GT China gbagains manufacturing prowess, yet Bloomberg warned on Saturday of potential risks similar to Japan’s fate. In the West, especially in the US, a viewpoint has emerged predicting a “China collapse” similar to Japan’s in the 1990s. However, this perspective appears rather superficial and overlooks significant differences between the two nations. Economic […]

Trump and Harris Focus on Economy as They Campaign in Southern States

Trump and Harris Emphasize Economic Issues in Southern Campaign Stops

Ah, the bustling weekend saw Vice President Kamala Harris and former President Donald J. Trump navigating through Southern battlegrounds, each presenting starkly different economic narratives to an expectant electorate. While both endeavoured to capture the attention of undecided voters, their approaches couldn’t have been more distinct. The presidential race remains quite the nail-biter, you see. […]

The Indicator from Planet Money : NPR

Economics Insights from Planet Money

Portrait of American Wong Kim Ark, 1904. Denied re-entry to the United States in 1895 due to the Chinese Exclusion Act. Interim Archives #### The Chinese Exclusion Act and Its Legacy In the year 1880, Chinese immigrants constituted the largest immigrant group in the western United States. However, growing Sinophobic sentiments quickly transformed into policies, […]

Trading Places? No Thanks. - The Dispatch

Choosing Not to Switch: A Reflection – The Report

The allure of swapping lives, particularly among those perpetually dissatisfied with their own, creates a certain romantic notion. In reality, such frolics are fraught with unforeseen challenges. The film “Trading Places,” starring Eddie Murphy and Dan Aykroyd, popularised the idea of individuals swapping lives to humorous effect. Yet, one wonders about the practicalities of relinquishing […]

Trump's crypto project plans to launch its own U.S. dollar-backed stablecoin – report

Report: Trump’s Cryptocurrency Initiative to Introduce New US Dollar-Backed Stablecoin

World Liberty Financial’s Foray into Stablecoins World Liberty Financial, spearheaded by former U.S. President Donald Trump, has ventured into the crypto realm with plans that stir quite a buzz. Earlier this month, they unveiled their native token. Now, they’re reportedly setting sights on something grander—introducing their own stablecoin, potentially substituting the venerable U.S. dollar. Decrypt […]