Search results

Agreed. Again, analysts get lost in the details and forget the big picture. The big picture is: when Chinese corporates and the Chinese government need funds, can they raise those funds? The answer is yes. Debt/GDP, NIIP, CDS spreads, etc. are simply details, but what matters--the ability to...

@jhungary @Shotgunner51 It took me a while to read through this thread, and it looks like @PARIKRAMA already addressed most of the issues. I just wanted to add a few minor details to help bridge the gap between what the two of you are arguing about. 1) NIIP is a sub-set of a nation's balance...

That's a remarkable likeness of me.

I agree completely, @Hu Songshan . There is no reason for Taiwan under the DPP to do anything other than maintain the status quo. The fascinating question, however, is how to define "if the DPP steps out of line" from Beijing's standpoint. Can you please explain Beijing's red lines, from your...

I'm feeling generous because it's Thanksgiving, so even though I'm averse to posting on PDF these days, I'll play. There are a few ways to look at the debt, and how one looks at the debt determines how critical the $18tn level is. I will approach this from the financial markets perspective...

The sad conclusion that we can draw after 35 years of this clash of civilizations is that culture is the driver of the conflict, not economics. And in the modern world, reshaping of another's culture is intolerable (and as shown by Afghanistan and Iraq, perhaps no longer possible). Thus, the...

@AUSTERLITZ I can honestly say that you are the only reason why I continue to lurk at PDF. Bravo.

Good memory. S Korea-China Booming Trade to Illustrate Strategic Threat to US S Korea-China Booming Trade to Illustrate Strategic Threat to US | Page 4

Sorry, I'm done posting on PDF. Good luck.

What agitates many members here is the title itself. The role that most PDF Think Tank Analysts fulfill has zero resemblance to what real world think tank staff do, so the title creates expectations that cannot be met. If the title were changed to something more accurate, like "PDF Cadre," I...

Indeed, which is why I probably won't post anymore on PDF after Labor Day, and confine myself to lurking. I admire your long years of patience here, but PDF is just not a good fit for me. Good luck and happy hunting to you and all of the other quality users here.

Short version: Russia can't dump the dollar, because its trading counterparties demand that trades be transacted in hard currencies (USD, EUR). China can't dump the dollar because it runs a mercantilist trade policy, and the US financial system is the only one deep enough and liquid enough to...

We could go around and around on this, with me countering that China's involvement in Korea violated its oft-stated policy of non-interference in other countries' affairs, and thus was the cause of animosity between our two countries; or how China's intervention to support a partitioned Korea is...

Returned to full lurker mode.