| Sign up for my free weekly newsletter here: https://www.mauldineconomics.com/go/JM563U/YTB “Conspiracies are hard to implement.” That’s a quote from this week’s special guest, Lyric Hughes Hale of econVue. Lyric is a respected CEO, research analyst, former journalist, and Asia expert. Lyric notes that while it is tempting to view much of China’s actions toward the US through the lens of conspiracy, sometimes the reality is much simpler. Incompetence, human error, fear of superiors… there are often more plausible explanations for seemingly nefarious actions. With that as a backdrop, we discuss the impact of tariffs on China/US relations, as well as: • Lyric’s unshakable faith in the United States, • Optimism for what’s happening today in Washington, DC, • The pros and cons of USAID, • China’s role in the fentanyl crisis • The astronomical level of wealth that US politician achieve, and more. I hope you’ll take a moment to check out Lyric’s excellent website, econVue. And of course, watch our interview. Follow Lyric Hughes Hale’s work at econVue here: https://plus.econvue.com/ Sign up for Ed D’Agostino’s free newsletter here: https://www.mauldineconomics.com/go/JM563U/YTB Follow Ed D’Agostino on LinkedIn: https://www.linkedin.com/in/ed-d-agostino-415475296/ Timestamps: 00:00 – Introduction 02:12 – Trimming government waste 11:07 – Incompetence at the CCP 14:48 – Consumption and China’s tax strategy 20:12 – Automating production in the US 27:40 – Three layers of Chinese opinion and currency flight 34:26 – China’s unpredictable fine regime 38:27 – Global currencies 42:24 – US government tech infrastructure 48:38 – The worst idea possible |
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