Niall Ferguson's Time Machine

5 days ago | niallferguson.substack.com | Niall Ferguson

It is five years since the world economy suffered a devastating shock caused by a virus from China. You may think the analogy strange, but we are marking the fifth anniversary of the Covid-19 pandemic with a very similar shock to the world economy, which is manifesting itself in very similar ways. Numbers of passengers flying to the US from abroad have plunged. Ships full of goods bound for America have been halted. All over the US, companies will soon start to raise prices and shed employees.

1 week ago | niallferguson.substack.com | Niall Ferguson

In A Minecraft Movie, five characters, including a fat American played by Jack Black, stumble through a disused mine in Idaho into a fantastical land where mining, construction, and manufacturing are fabulously easy. Simple, docile villagers subsist on vegetables, and there’s a bit of a nocturnal crime problem. But you can throw together a castle for yourself—not to mention giant steel nunchucks—in seconds. It is awesome.

3 weeks ago | niallferguson.substack.com | Niall Ferguson

Niall Ferguson's Time MachineTrump's "confused" China strategy could lead to "big strategic mistakes"

3 weeks ago | niallferguson.substack.com | Niall Ferguson

Hawk or dove? On the campaign trail last year, Donald Trump threatened an across-the-board 60 per cent tariff on Chinese imports. Yet since his victory on November 5 — even as he has brutally settled scores with domestic foes and shocked European allies with his Ukraine policy — Trump has been strikingly emollient towards the superpower on the other side of the world. Graham Allison wrote the book that defined the Sino-American antagonism in Trump’s first administration: Destined for War.

3 weeks ago | niallferguson.substack.com | Niall Ferguson |Feyi Fawehinmi |Michael Maloney |Jim Miller

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