presidential election

Authored by Raul Ilargi Meijer via The Automatic Earth blog,

For those of you who don’t know Andy Xie, he’s an MIT-educated former IMF economist and was once Morgan Stanley’s chief Asia-Pacific economist. Xie is known for a bearish view of China, and not Beijing’s favorite person. He’s now an ‘independent’ economist based in Shanghai. He gained respect for multiple bubble predictions, including the 1997 Asian crisis and the 2008 US subprime crisis.

Former Soviet Leader Mikhail Gorbachev the last Soviet leader, is urging Russian President Vladimir Putin and US President Donald Trump to meet face to face to resolve their differences as each side accuses the other of violating a Cold War-era arms-control treaty that Gorbachev believes is essential to maintaining peace between the two world powers.

Authored by Andy Xie via The South China Morning Post,

Central banks continue to focus on consumption inflation, not asset inflation, in their decisions. Their attitude has supported one bubble after another. These bubbles have led to rising ­inequality and made mass consumer inflation less likely.

Authored by Lynn Paramore via The Institute for New Economic Thinking,

Once again, an out-of-control industry is threatening public health on a mammoth scale

Over a 40-year career, Philadelphia attorney Daniel Berger has obtained millions in settlements for investors and consumers hurt by a rogues’ gallery of corporate wrongdoers, from Exxon to R.J. Reynolds Tobacco. But when it comes to what America’s prescription drug makers have done to drive one of the ghastliest addiction crises in the country’s history, he confesses amazement.

As Facebook COO Sherly Sandberg completes her desperate DC walk of shame in an attempt to appease Mark Warner and the rest of the Facebook-scapegoaters, she gave Axios an interview to explain (strawman) what the biggest social media platform in the world will do about the Russian menace that has Made America Divided Again (allegedly)...

Sandberg said she had "very productive" meetings yesterday with congressional leaders investigating Russian efforts to use social media to meddle with the 2016 U.S. presidential election.