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The Chinese stock market aligns closely with government priorities. President Xi uses the stock market to prop up state-owned enterprises. Information asymmetry and insider control are creating major distortions.
The last four U.S. administrations, including both Republican and Democratic presidents, each added between some $4 and $8 trillion, with the total debt now amounting to over $35 trillion.
Javier Lanari, Milei’s Media Sub-Secretary, claimed that Argentina’s annual inflation dropped from 17% to 8% in record time. This statement has been heavily promoted by Milei’s administration, likely for political reasons—face-value numbers are easy to market as a success. However, I question the use of these figures.
President Erdogan faces declining support; economic stability may boost his standing. Constitutional changes and improved governance could help him retain power.
