philwaechter.bsky.social
Economist interested in macroeconomics, economic policy and climate change. The world is changing rapidly and economists have a role to play. Based in Paris, France
👤 Joined on 06 December 2023
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@philwaechter.bsky.socialIt's @foreignpolicy.com free week: all pieces are free to read, with no paywall or need to log in - on this occasion I'm re-upping my most popular column ever, outlining how the initial US-Russia peace deal last year came with a US$300bn signing bonus for Trump
Show PostCongratulations @helene-rey.bsky.social ! Hélène Rey appointed as Economic Adviser and Head of Monetary and Economic Department www.bis.org/press/p26031...
Show PostThis and a Hormuz Board of Peace indicate a US administration that is becoming utterly deranged. Once again, survival is the primary mode for every country in the world when the richest one goes completely mad.
Show PostEven allowing for some rerouting via third markets, the asymmetry is clear: the EU is far more dependent on Chinese clean tech than the United States, while China is far more dependent on the EU market than on the US. Great chart from the CER's new paper: www.cer.eu/publications...
Show PostFor electric vehicles transatlantic divergence is even more stark (left hand panel) The US is essentially closed to Chinese EVs - given the 100% tariff and a de facto ban (US rules to prohibit the import of connected vehicle hardware and software systems). The EU imports a lot of Chinese EVs.
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