The banking system we take for granted is unfixable. The good news is that we no longer need to rely on any private, rent-seeking, socially destabilizing network of banks, at least not the way we have so far.
shows why the current private system is unfixable – and why we don’t need to tolerate it anymore.
Like Vladimir Putin, China's leader is so steeped in a narrative of victimhood and fearful of appearing weak that it is hard to imagine him ever leading China out of the mess he has created. He could well be remembered as the leader who squandered history's most remarkable economic success story.
about the country's increasingly worrisome trajectory, both at home and abroad.
Artificial IdiocyFrank Rumpenhorst/picture alliance via Getty Images
牛津—保守党在大选中失去了议会多数,寻求组建新政府的首相梅知道,她还必须在几天内落实英国退出欧盟的谈判的具体细节。英国退欧谈判的准备工作已经进行了一段时间,但目前受到三个低级谈判错误的应先个,并且必须面对英国政府的行动权力已经大大受损的现实。
第一个目前所犯下的经典错误是英国政府想象它进入了一场战斗。根据这一观点,谈判员必须掩盖他们的真实计划或意图,因为他们的目标是取得谈判的支配地位,最终征服对手。所谓兵不厌诈,而现在情况就是我们好像在准备诺曼底登陆日似的。
但英国退欧不是登陆日。英国绝对没有试图打败敌人,而是在与它无法在地理上远离——也担不起远离的风险的国家尽量保持双赢关系。英国不应该像目前所做的那样对它的计划保密,也显然不应该采取边缘政策——比如梅的“没有协议也比坏协议好”的战斗宣言。
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