presidential election

Authored by Niall Ferguson via The Spectator,

Social media helped Donald Trump take the White House. Silicon Valley won’t let it happen again...

In the 1962 Japanese sci-fi classic King Kong vs Godzilla, the two giant monsters fight to a stalemate atop Mount Fuji. I have been wondering for some time when the two giants of American social media would square up for what promises to be a comparably brutal battle. Finally, it began last month - and where else but on Twitter?

Authored by Alexander Mercouris via TheDuran.com,

Even as the Trump administration disintegrates – with the President publicly quarrelling with his Secretary of State, and his Chief of Staff forced to deny he is about to resign – the scandal which more than anything else has defined this Presidency has disintegrated into total lunacy.

Consider these facts...

(1) The Mueller investigation

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.