#bradsetser — Public Fediverse posts

“On our current trajectory, we might just get those jobs making tennis sneakers.”

// an excellent piece on China, encouraging sane industrial policy in the US, by #DavidAutor and #GordonHanson

// (good luck with that under the current administration)

https://www.nytimes.com/2025/07/14/opinion/china-shock-economy-manufacturing.html

ht #BradSetser, #GregIp

“To save its insurance industry, Taiwan probably needs to intervene massively to keep its currency weak. To save its export industry from the threat of “reciprocal” tariffs, Taiwan likely need to step back from the foreign exchange market and let its currency appreciate.” #BradSetser https://www.ft.com/content/d71c34a0-4ded-4cba-be1c-82384915a8fd

“Apple’s strategy in China has resulted in a transfer of technology and know-how so consequential as to constitute a geopolitical event” #PatrickMcGee https://www.thetimes.com/business-money/technology/article/how-apple-helped-china-become-americas-biggest-tech-rival-8f83tttv5 ht #BradSetser

“if China’s central government has fiscal space—and it uses that space in way that gives households the confidence to spend more—China might be able to recover from its property downturn on its own, without relying even more on exports.” #BradSetser https://www.cfr.org/blog/beijing-still-has-fiscal-space

#economics

#BradSetser argues for “launch aid” — gently subsidized state cofinancing — of a new #Boeing commercial aviation platform (and perhaps also of a startup competitor). https://www.liberalpatriot.com/p/time-for-the-us-to-consider-a-bit