-
Jeffrey Sachs Compares Trump's Tariff Logic To Maxing A Credit Card And Blaming The Store, Says US Simply 'Outspending Its National Income'
Tuesday, April 29, 2025 - 4:44am | 552Economist Jeffrey Sachs compared President Donald Trump’s tariff logic to blaming shopkeepers for a maxed-out credit card. What Happened: Arguing at Turkey's Antalya Diplomacy Forum, Sachs said, “If you take your credit card and you go shopping and you run up a large credit card debt,...
-
Economist Accuses Trump Tariffs Of 'Wrecking The World Economy', Predicts Ways In Which China Will Retaliate
Monday, April 14, 2025 - 7:04am | 536American Economist Jeffrey D. Sachs cautioned that the United States is likely once more steering the global economy toward catastrophe — signaled by last week’s staggering two-day, $10 trillion market-value drop. What Happened: "If something wipes out $10 trillion of Market CapEx in two days...
-
Ray Dalio, Jeffrey Sachs Tapped To Advise Indonesian Sovereign Wealth Fund During Economic Fallout
Monday, March 24, 2025 - 6:26pm | 428Indonesia has tapped Bridgewater Associates’ Ray Dalio and economist Jeffrey Sachs to advise its new sovereign wealth fund amid concerns about its governance. Indonesia’s stock market has tumbled in recent months. What Happened: The Southeast Asian country’s wealth fund, Danantara...
-
Economist Slams US Policies To 'Contain' China Bringing Nations 'Close To War'
Monday, July 8, 2024 - 10:50am | 510Renowned American economist Jeffrey Sachs attributed the escalating tensions between the U.S. and China to the U.S.’s anxiety over losing its global dominance. What Happened: In a recent interview, Sachs criticized the U.S.’s defensive reaction to China’s success, which he...
-
Was The Ukraine War Preventable? Piers Morgan Challenges Jeffrey Sachs On Russian President's Actions
Wednesday, March 20, 2024 - 3:45am | 701In a recent interview with Piers Morgan, economist Jeffrey Sachs argued that the ongoing conflict between Russia and Ukraine could have been avoided. Sachs, who has been labeled a “Putin cheerleader” by some media outlets, suggested that the U.S. has been pursuing a policy of regime...
-
7 Billion People: A Growing Number of Assets or Liabilities?
Sunday, October 23, 2011 - 12:32am | 2004In the long run, the biggest economic issue facing the planet today is not the fate of the euro, the price of oil, or the housing market, but the growth of the human population, i.e. overpopulation. The crux of the issue of the planet's overpopulation cuts to the heart of what we regard as the...