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Forbes (September 20)

2024/ 09/ 22 by jd in Global News

“Dalio hasn’t fled China. But the fact that the founder of the globe’s biggest hedge fund is raising warning flags matters. Not just because he’s the biggest of the big money, but because his pivot comes at a moment of maximum paranoia about China’s trajectory into 2025. This includes deflationary forces of the kind with which Tokyo is still grappling 30 years on.”

 

Washington Post (September 19)

2024/ 09/ 22 by jd in Global News

Europe faces many challenges, but the largest is structural. “The E.U. is still not really one big thing, but a collection of smaller ones. This makes it difficult for companies to scale” or for the EU to pursue a coherent strategy. “Mr. Draghi’s report has many good ideas — to unify budgets, markets and strategies; to streamline rules to encourage innovation. At its core, the message is one that Europeans have heard before: For Europe to thrive, it must act as Europe.”

 

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