As the trade war between the US and China drags on with new tariffs and no end in sight, we need to ask ourselves: What do they want? A fundamental objective for both is to become less reliant on the other. The trade war should thus be reframed as a conscious uncoupling. Behind the rhetoric from both sides lies a ...

Ten years after a crisis that brought the world to the brink of Armageddon, the people overseeing the world’s largest economy insist they’ve reduced the risk of another financial disaster. Just one problem: We need a different financial system, not just better risk management. I had a front-row seat for the watershed event of the 2008 crisis, the failure of ...

Everyone remembers where they were a decade ago, right? I’m not talking about the collapse of Lehman Brothers. I mean the Bitcoin white paper of Oct. 31, 2008. It outlined a type of online peer-to-peer electronic cash that would bypass financial institutions — which the author blamed for abusing people’s trust, creating credit bubbles, and charging big fees. Ironically, Bitcoin ...