cornelban
- The American Toll Booth and the European Industrial Complex: Europe's Problem Isn’t Just Trump. It’s What America Became.https://geoeconomic.substack.com/p/the-toll-booth-and-the-industrial
- Donroe’s Rotor: Washington’s Complicated Meeting with China in Latin America. Can the US do hemispheric strategy in the Southern Cone like it's 1957? substack.com/home/post/p-...
- Forget decoupling. German automakers go back to China to stay alive in the EV race.
- Reposted by cornelban[Not loaded yet]
- Macron in Chengdu The yard keeps growing. And the fence around China keeps shrinking. geoeconomic.substack.com/p/macron-in-...
- US is playing big old imperial haggling games in Europe this week end. But go to the monetary engine room is see that monetary hegemony is over. geoeconomic.substack.com/p/so-this-is...
- Reposted by cornelban[Not loaded yet]
- Forget derisking. 2025 is about the the quiet MAGA-fication of the European mainstream, one green regulation rollback and green subsidy cut at a time. geoeconomic.substack.com/p/the-wartbu...
- When Adam Smith was first translated in China and why that matters today geoeconomic.substack.com/p/the-long-m...
- Theory: Economic decline feeds the far right. Romanians be like
- To survive in the bond market, libertarianism needs subsidies. My latest geoeconomic.substack.com/p/spare-a-st...
- Reposted by cornelban[Not loaded yet]
- For most of the post-Cold War era, Europe never intended to build autonomy in critical minerals. Why would it?https://geoeconomic.substack.com/p/the-smelter-and-the-sovereign
- Reposted by cornelban[Not loaded yet]
- When central banks were asked to "do smth" about climate, the Fed sat it out, the ECB experimented then retreated but the PBOC planned green and brown money at scale. geoeconomic.substack.com/p/central-ba...
- China’s approach to venture capital isn’t Silicon Valley 2.0 — it’s industrial strategy with a term sheet. And it explains better than subsidies or state banks why the country is a technological innovation superpower. geoeconomic.substack.com/p/vc-a-la-ccp
- Washington thought coercion would keep China down. But as @yelingtan.bsky.social @Mark Dallas @himself.bsky.social & @abenewman.bsky.social show, it did the opposite. Dependence became danger — and China learned to turn US pressure into its own power. geoeconomic.substack.com/p/america-th...
- China is not just building clean energy faster than anyone else. It is trying to become something new. Call it the electrostate. Still, big caveats loom, says Chris Saltmarsh in a superb @ripejournal.bsky.social article geoeconomic.substack.com/p/party-stat...
- Friends, I have a substack with my thoughts and others on current events and megatrends from an international political economy perspective. geoeconomic.substack.com
- Thread. China’s GGFs are the quiet giants of industrial policy. While Western debates obsess over subsidies, Beijing has built a massive state–market financial infrastructure to channel capital into strategic tech sectors. Let’s unpack.
- Reposted by cornelban[Not loaded yet]
- Just out: How China builds strategic dominance in high-innovation niches fracturing the economic status quo in the world: Government Guidance Funds turn fiscal money + SOE assets into venture capital with planning discipline. A different game than Europe or Korea. www.tandfonline.com/doi/full/10....
- No one in European automotive will worry about Chinese EVs now
- Must read
- Weiss and Thurbon’s (2021: 477): economic statecraft is when state actions are designed to fend off, outflank, or move in step with clearly defined rival powers’ in key sectors. US and increasingly Europe acknowledge they lost to China on green tech. www.politico.eu/article/eu-d...
- Even the best of European clean tech firms groan and fold under the combined weight of frayed European macro-finance and Trumpian climate nihilism. www.ft.com/content/eb76...
- Sandbu: "Maga antipathy for anything green strengthens the case for doubling down on incentives to make more profitable in Europe the decarbonisation investments that have just become less profitable in the US." How to pay, given US-demanded defence spending and more US LNG dependence?
- Generally import substitution is not a great idea in technology. Unless you are China and weaponized US export controls force you to focus decades of investment in technoscientific capabilities on homegrown innovation. www.nytimes.com/2025/01/23/t...
- The US green coalition and its manufacturing base was too weak for a sustainable green derisking state to survive political cycles even with geoeconomics in place. The IRA was too little to change the balance of power inside US capital. Fossil, finance and tech have green capital for breakfast.
- There is probably a Latin expression for this.
- Reposted by cornelban[Not loaded yet]
- Reposted by cornelban[Not loaded yet]
- Why it's probable that in open competition (big if) big Western legacy automakers will likely go out of business in the coming decade or become niche producers. Kind of like mechanical watchmakers going into jewelry watches and the rest disappearing. cleantechnica.com/2024/12/24/w...
