Fortune (June 22)
“The U.S. farm economy has been fighting one battle after another in recent years, but a new threat is on the horizon that evokes memories of one of the worst agricultural disasters ever.” U.S. farmers were left reeling from low prices, tariffs and most recently Trump’s Iran War, which sent the prices for fertilizer and fuel soaring. Bankruptcies have been rising and now they may face the existential “risk of a ‘mini-Dust Bowl’ as a rare Super El Niño looms.”
Tags: Agricultural disasters, Bankruptcies, Existential, Farm economy, Farmers, Fertilizer, Fuel, Iran war, Low prices, Mini-Dust Bowl, Reeling, Risk, Super El Niño, Tariffs, Threat, Trump, U.S.
The Week (April 16)
“The world is reeling from a war-induced oil shock, and China is poised to take advantage. The country builds nearly every component of the 21st-century electrical grid that will be needed to replace the oil currently bottled up in the Strait of Hormuz.” As the age of the petrostate fades, China looks set to become “the world’s first electrostate.”
Tags: 21st century, Advantage, China, Electrical grid, Electrostate, Oil, Oil shock, Petrostate, Poised, Reeling, Replace, Strait of Hormuz, War-induced, World
The Ecoomist (October 13)
Politicians, economists, investors and others have long argued whether China’s economy is “a bubble waiting to burst” or “a sustainable success.” The argument is shifting, however, as “a new debate is now emerging, which is potentially far nastier. Much of the world falls into one camp: admiring China’s accomplishments, but also reeling from a deluge of Chinese exports. In the other camp is China, utterly convinced of the rightness of its economic model.”
Tags: Accomplishments, Admiring, Argument, Bubble, Burst, China, Convinced, Debate, Deluge, Economists, Economy, Emerging, Exports, Investors, Nastier, Politicians, Reeling, Rightness, Success, Sustainable
