Blume Industries CEO Balding 大老板
@BaldingsWorld
Founder of New Kite Data, two time winner of Lifetime Achievement awards. Coined the phrase Galaxy Brain and proud University of North Alaska graduate
This is Part I of a post on why China will not stimulate consumer spending. This is part of the series on why so much of the pundit chatter is wrong on the Chinese stimulus debate. The first post in the Tweet below is more about the economics of stimulus in China. Part I here on…
The pundit chatter on China is so bad, I decided to write again. I am going to have a series of posts, as I feel compelled to write about all that is wrong with the Chinese stimulus discussion. Part I: Why Fiscal Stimulus and Does China Need It? I have little desire to write on…
I hope this is true but remain skeptical until I see real action
"There just doesn't seem to be a national consciousness or awakening of the level of strategic danger that we find ourselves in," @ajphelo warned in Ep. 89. 🇦🇺#Australia's current defense capabilities pale compared to WWII preparations. Phelan says that today's "boutique defense…
Excellent thread and so many things to say but all true
Incredibly damning article about 1 of the Top 3 MBA Programs in the country. I’ll try to get some key excerpts here but I would suggest reading the whole article.
I disagree with most of Prof. Chang's work but on this he correct
Ha-Joon Chang in today's FT: "Economics today resembles Catholic theology in medieval Europe: a rigid doctrine guarded by a modern priesthood who claim to possess the sole truth. Dissenters are shunned."
Stop and think about how crazy this is: in the settlement Columbia University agreed to follow the law. Stop and think about how absurd that is
This should be required from *all* universities as a condition of federal funding. The data must be made public. It should not require a computer hacker to reveal the hidden racial discrimination.
Galaxy Brains: Europe is totally different now they understand the threats posed by China Actual Europe:
Government plans to reintroduce extradition cooperation with Hong Kong are highly concerning. Why does the Government deem this reasonable when freedom of expression, political freedom and the rule of law in Hong Kong have been crushed by The National Security Law and the…
I told someone recently by the end of the century US will probably have a bigger population than China and they looked at me like I was crazy but its true
China’s Century of Demographic Reversal A 2025 population forecast by Tsinghua University and the Southwest University of Finance and Economics outlines a long-term demographic headwinds for China. Here are the four key takeaways: songxichen.com/Uploads/Files/… 1. China’s Population…
I've never under estimated the European propensity to do nothing. They are being skilled at raising lowering diplomatic from miffed to peeved and doing nothing else
Americans, understandably focused on the (past and present) antics of Donald Trump, tend to underestimate the shift in elite European views toward China 1/
Because before prices were rightist counter revolutionaries
China is set to amend its 18-year old Price Law, with the first proposed revision stating: “Price work must uphold the leadership of the Communist Party.” A bold strategy—perhaps the perfect one-stop solution to overcapacity, under-consumption, and involution.
Thread
"There are currently almost 20,000 men under the ground, right at this moment, all digging coal?" Mr. Qi smiled and nodded. "Yes that's right". In Off the Beaten Track this week, I visited a coal mine in China's famous Ordos City in Inner Mongolia. Here's what I found.🧵
How long have I been telling you just how bad universities were and we haven't even started hitting the China illegality
🧵Columbia’s agreement with the federal government includes provisions to ensure non-discrimination in admissions and hiring. “Columbia shall not maintain programs that promote unlawful efforts to achieve race-based outcomes, quotas, diversity targets, or similar efforts.”
Sorry this is wrong. The media and politicians ruined people's lives defending Hunter Biden so no it isn't a just done irrelevant footnote it is the corruption itself
Hunter Biden is interesting because he's a trainwreck, you're telling on yourself though if you're pretending there's some political substance there. Just own the fact that you like drama. Maybe get some other hobbies like Real Housewives or the WNBA.
I think there are very valid questions that have been raised and strong evidence that needs to be revisited. Journalism as always is not about asking questions and truth but promoting a narrative of their side
It is too early to gauge the basis for possible criminal charges. However, the release of this new evidence is historically and legally significant. There is a legitimate concern over a conspiracy to create this false narrative... jonathanturley.org/2025/07/22/sil…
I had someone ask me recently if I had plans to go back to China any time soon and I said I can't ever go back nor can my kids. The reality that people still want to ignore is that if you are allowed in China, China sees allowing you in and to leave as positive(i.e. DC think…
The use of "exit bans" has become increasingly common in China. Often, people targeted don’t know that they are subject to such bans until they try to leave mainland China. @ByChunHan wsj.com/world/china/u-… via @WSJ
I see people talking about how this is the downfall of the west and honestly knowing how Chinese universities operate in these situations the situation is incredibly simple: he was probably offered 5-10x in straight salary with all kinds of additional sweeteners what he would be…
Mathematician Joshua Zahl, celebrated expert in the field of mathematics, is transferring from Canada to Nankai University in China. He will assume a full-time chair professorship there. This comes just a few months after he solved a mathematical problem described as…
China really is out innovating us
Gee if only someone had warned you
There is a wrinkle here. Hong Kong money doesn't stay in Hong Kong it is Chinese investment abroad and even mass amounts back into China. One HK banker told me most HK business is recycling money back into China. So if this is what the lending is like where we have better…
The pile of soured debt at Hong Kong lenders has grown so large that some in the industry discussed creating a “bad bank” to soak up non-performing loans bloomberg.com/news/articles/…
Rumors among institutional investors years ago (I first heard in 2019) was China basically milking Hong Kong's coffers to cover up for their financial holes, for example defaulted BRI loans, ~80% of China's government loans went to nations in debt distress
The pile of soured debt at Hong Kong lenders has grown so large that some in the industry discussed creating a “bad bank” to soak up non-performing loans bloomberg.com/news/articles/…
All true
From Insider to Observer: What I See in the China Field Since publishing my memoir and joining X four years ago, I’ve followed the “China” space closely. What I’ve seen: instant experts, outdated frameworks, and a closed circle of analysts reinforcing one another. The field…
Was the American Revolution such a good idea? nyer.cm/RafU1FD
Was the American Revolution such a good idea? nyer.cm/RafU1FD