Yonhap Infomax NewsDec 4
Former US Treasury Secretary Robert Rubin warns that a major US stock market crash is more likely to be triggered by soaring national debt than by AI sector overheating, citing historical precedents and Congressional Budget Office projections that US public debt will reach nearly 100% of GDP in 2025.
#YonhapInfomax #RobertRubin #USNationalDebt #StockMarketCrash #CongressionalBudgetOffice #GDPRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=94003
Former US Treasury Secretary Says Stock Market Crash Would Be Driven by Debt, Not AI

Former US Treasury Secretary Robert Rubin warns that a major US stock market crash is more likely to be triggered by soaring national debt than by AI sector overheating, citing historical precedents and Congressional Budget Office projections that US public debt will reach nearly 100% of GDP in 2025.

Yonhap Infomax
Show threadjackhutton 🇺🇸Aug 31, 2023

It took until 1999 for Rubin to finish the job, but after he did, he went on to earn tens of millions at Citigroup, an institution that benefitted from his activities and had to be bailed out three times by taxpayers in 2008.”

These Are the Plunderers
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#bookstodon #Nonfiction #privateEquity #predatoryCapitalism #glassSteagall #billClinton #robertRubin

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#文章推介 #中美逆轉 #港人共業 #美港condom史
美國Johns Hopkins大學社會學系主任 #孔誥烽 教授在左翼陣地Marxist Sociology Blog撰文簡介其新近學術成果，從 #克林頓 政府對中政策轉向開始，追蹤美中兩國在全球商貿合作上化友為敵歷程，包括美港携手推動中國國企上市，美國企業如何誤信中共承諾為其做說客，終被用完即棄，值得參考。

全文： bit.ly/3f6PbYx

延伸閱讀：中美關係與香港前途
medium.com/recall-hk/e-133288d26ff0

#改革開放 #MFN #WTO #RobertRubin #WinstonLord #中美貿易戰 #新冷戰 #列寧 #帝國主義 #資本主義 #香港歷史 #香港前途考古 #hongkong