“China’s economy is beset by excessive debt accumulation and other maladies, but the main factor inhibiting economic potential is not a systemic debt crisis—a concern to be sure—but the abandonment of reformist policies.”
America in Retreat: 1 of 2: The New Isolationism and the Coming Global DisorderNov 18, 2014 by Bret Stephens
A discussion with Brookings authors Robert Kagan and Norman Eisen.
The long read: The credibility of establishment figures has been demolished by technological change and political upheavals. But it’s too late to turn back the clock