Required reading from around the web of the best, most interesting, or most though provoking things we’ve read:
Ezrati: China, the Wobbly Economic Giant
“Pity China’s Xi Jinping: he faces an economic conundrum that seems to defy resolution. Until recently, he and China’s leadership sought to reduce the country’s huge debt overhang. Now they have reversed course. As much as the excess debt threatens China’s economy and financial system, it has reopened flows of credit, because the economy has begun to slow and because the leadership understands all too well China’s weak position in any potential trade war with the United States. If that were not trouble enough, and it is plenty of trouble, it has also become increasingly clear that China’s debt problems unavoidably result from its approach to economic management.”
Merrick: A Mexican Miracle In Response To The MAN We Know As Donald J. Trump!
“Former Mexican president Felipe Calderon, during the Obama administration, quickly picked up on our then traitor-in-chief/president’s invitation to the world to use a wounded Constitutional America he was out to ruin as a welcome mat and a grab bag full of bleeding-heart-leftist-enabled entitlements . . . Another one of Mexico’s presidents, Enrique Pena Nieto had to take his shot at President Trump for adopting what he called a ‘threatening’ attitude toward Mexico. . . . a brand-new kind of letter has shown up on the desk of our great President Donald J Trump! Mexico’s President-elect, Andres Manuel Obrador, has forwarded a seven-page letter expressing among other things, his plan to boost the economy of Mexico, as well as their security, SO THAT HIS PEOPLE ’ … NO LONGER FEEL IT NECESSARY TO MIGRATE!’ ‘There will be many changes … And in this new atmosphere of progress and well-being, I’m sure we can reach agreements to confront together the migration phenomenon as well as the problem of border insecurity.’ Again, I must be nuts! We now have a Mexican president who is actually going to encourage his people to work for a better Mexico?! What is going on?”
Beavers: Meadows backs off impeaching Rosenstein after leadership talks
“Meadows said pursuing contempt, if the DOJ does not cooperate, could ‘unite’ leadership and some of the House Republicans who ‘have been more frustrated,’ rather than going for the more nuclear impeachment option.”