Recent Posts

Debt ceiling deal shows both parties love debt

As you’ve probably heard, House Democrats have cut a two-year budget deal with Senate Republicans and President Donald Trump to suspend the federal debt ceiling and increase federal spending by $320 billion. The debt ceiling is an arbitrary and possibly counterproductive construct, while the spending increases aren’t all that big if you assume that inflation will continue at about 2 ...

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China to conquer global used-car export market

A Chinese company in Guangzhou recently exported 300 used cars to buyers in Cambodia, Nigeria, Myanmar and Russia. The shipment was a first for China, which till now had restricted large-scale exports of used cars in deference to manufacturers, who feared that poor vehicle quality could damage their reputations. There will be more such shipments — and their impact will ...

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Protest data breaches threaten Hong Kong’s data-centre hub goal

Hong Kong’s ambitions to be an international data-center hub are a potential casualty of the city’s mass protests. Privacy brea-ches stemming from a summer of clashes between demonstrators and police threaten to erode confidence in the city as a base for foreign companies to set up storage facilities. To alleviate concerns, the government needs to improve security and regulation in ...

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