Reuters (August 24)
The U.S. Federal Reserve “must determine how quickly to get to what they deem a neutral rate, neither depressing nor stimulating economic activity. Investors clearly hope that they prioritize speed.” Chairman Powell has now arrived at “the endgame, when the prospect of success is near at hand but the possibility of failure is at its most dangerous. To save the labor market, the cuts can’t come soon enough.”
Tags: Depressing, Economic activity, Endgame, Failure, Fed, Investors, Labor market, Neutral rate, Powell, Prioritize, Speed, Stimulating, Success, U.S.
LA Times (September 6)
Carrie Lam’s tone-deaf withdrawal of the extradition bill may mark “the beginning, rather than the end, of more turbulence in Hong Kong.” It further fueled the groundswell of support. “This movement is the endgame for many in Hong Kong. People would rather sacrifice their own future than submit to authoritarian rule…. Beijing and the government must come to terms with the inconvenient truth that autocracy and repression have radicalized a single-issue movement into a people’s uprising for freedom and democracy.”
Tags: Authoritarian rule, Autocracy, Beijing, Endgame, Extradition bill, Freedom, Government, Hong Kong, Lam, Repression, Sacrifice, Submit, Tone-deaf, Turbulence
Bloomberg (October 6)
“Eleven days into the Umbrella Revolution, it’s clear Beijing won’t back down. President Xi Jinping won’t accede to the movement’s universal suffrage proposal or sacrifice Hong Kong Chief Executive Leung Chun-ying to ease tensions.” Unless the students “face reality and plot an endgame,” they risk becoming “irritants” to average Hongkongers. If, however, they can win a few concessions, the students “can demonstrate that they gave Goliath a good fight and achieved something substantial.”
Tags: Beijing, Concessions, Endgame, Hong Kong, Leung Chun-ying, Risk, Students, Tensions, Umbrella Revolution, Universal suffrage, Xi Jinping
