Words of wisdom, on China shock 2.0
Michael Pettis frequently claims that, by running large surpluses, China is forcing “the demand-suppressing cost of their policies onto their trading partners.” The idea here is relatively straightforward: by disincentivizing consumption within China, China’s policies are reducing domestic demand, which, ceteris paribus, reduces global demand. The problem with this logic should be fairly obvious: ceteris is not in fact paribus. It assumes other countries […] The post Words of wisdom, on China...
Source Articles
Marginal Revolution (United States) | May 2, 2026
Your votes count
No account needed. Your votes are saved and included in the consensus analysis. Create an account to keep a record of your votes.
💡 How this works
- • Add statements: Post claims or questions (10 to 500 characters).
- • Vote: Agree, disagree or unsure on each statement.
- • Respond: Add detailed arguments for or against, with evidence.
- • Consensus: Once enough people take part, analysis shows opinion groups and where they agree.
Society Speaks is open and independent. Your support keeps civic discussion free from advertising and commercial influence.
Support us