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Failed to connect to MySQL: (1203) User howardkn already has more than 'max_user_connections' active connectionsPath: ...!weretis.net!feeder9.news.weretis.net!i2pn.org!i2pn2.org!.POSTED!not-for-mail From: ltlee1@hotmail.com (ltlee1) Newsgroups: soc.culture.china Subject: The Economist Whose Contrarian Streak Has Gotten Attention in Biden and Trump Ca Date: Wed, 16 Oct 2024 16:43:23 +0000 Organization: novaBBS Message-ID: <13962a77ea2d8077e04e53030fd09991@www.novabbs.com> MIME-Version: 1.0 Content-Type: text/plain; charset=utf-8; format=flowed Content-Transfer-Encoding: 8bit Injection-Info: i2pn2.org; logging-data="2318755"; mail-complaints-to="usenet@i2pn2.org"; posting-account="pxsmGrN7Y7mF0hfJcY//7F6kiWqDRq/tZN4FOOcim3s"; User-Agent: Rocksolid Light X-Rslight-Site: $2y$10$/Lgk6HjcqcW.Jl8NSJ8EbOyZIYELShKmqPXLf4Nj7wDiS6nT9cBdi X-Rslight-Posting-User: 0099cdd7dc5bd7b25c488bf8bcfab81a117b2ffc X-Spam-Checker-Version: SpamAssassin 4.0.0 Bytes: 2087 Lines: 19 "Michael Pettis, a professor of finance at Peking University, has spent two decades in China observing its breakneck economic ascent and its impact around the world. Among his conclusions: He thinks former President Trump’s plan for across-the-board import tariffs isn’t a bad idea. He also says the U.S. should use capital controls to discourage China and other high-saving nations from snapping up treasuries, stocks and other American assets. Those views make the 66-year-old Pettis perhaps the world’s foremost punk-rock economist, embodying in his theories the same counterculture, do-it-yourself and antiestablishment ethos that he cultivated as a music club and record-label owner in New York and Beijing. His ideas are at odds with mainstream economists, who say such policies would push up inflation and interest rates and cripple the U.S. economy. He has a devoted following that includes some of the figures shaping recent U.S. economic policy, including people inside the Biden administration and advisers to Trump. " https://www.wsj.com/economy/trade/the-economist-whose-contrarian-streak-has-gotten-attention-in-biden-and-trump-camps-edc6af77