Pleased to be quoted in today's @nytimes.com, supporting their reporting on the Iran war with a China angle: “China’s push for renewable energy is not motivated by the environment but by the need for energy security and also as a driver of growth.”
www.nytimes.com/2026/03/14/b...
If the US aimed to hit China via Iran, they got the game wrong.https://geoeconomic.substack.com/publish/posts/detail/190940813?referrer=%2Fpublish%2Fposts%2Fpublished
What does a year of German rearmament get you? If you're China, almost decade of cash to change the world's electricity infrastructure. geoeconomic.substack.com/p/the-china-...
In the early days of Europe’s electric turn, the future arrived the way it often does on the old continent: as a folder. It had a title, an annex, a consultation period, and a gentle assumption that if the rules were correct and the incentives stable, reality would comply. How did this dream curdle?
My Icelandic family remembers the Americans made a better impression amongst the locals.
I agree with the criticism, but will be more detailed in next post
The American Toll Booth and the European Industrial Complex:
Europe's Problem Isn’t Just Trump. It’s What America Became.https://geoeconomic.substack.com/p/the-toll-booth-and-the-industrial
Low chances
Donroe’s Rotor: Washington’s Complicated Meeting with China in Latin America. Can the US do hemispheric strategy in the Southern Cone like it's 1957? substack.com/home/post/p-...
Forget decoupling. German automakers go back to China to stay alive in the EV race.
It has become received wisdom in Brussels and Washington that there is a new “euro-sclerosis”: that the EU economy is lagging the US
This view is wrong
A little primer on the measurement of productivity – and why reports of the economic death of Europe are greatly exaggerated🧵
Macron in Chengdu
The yard keeps growing. And the fence around China keeps shrinking.
geoeconomic.substack.com/p/macron-in-...
US is playing big old imperial haggling games in Europe this week end. But go to the monetary engine room is see that monetary hegemony is over. geoeconomic.substack.com/p/so-this-is...
Fantastic work. My pop summary on my Substack geoeconomic.substack.com/p/so-this-is...
🚨New article🚨 The consensus is that contestation pushed central banks to talk 𝘮𝘰𝘳𝘦 about inequality & climate.
Our theory: At first, CBs seek to ward off politicization by talking 𝘭𝘦𝘴𝘴 about controversial topics.
We tested this 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐬𝐢𝐥𝐞𝐧𝐜𝐞 𝐡𝐲𝐩𝐨𝐭𝐡𝐞𝐬𝐢𝐬.🧵
onlinelibrary.wiley.com/doi/10.1111/...
Forget derisking. 2025 is about the the quiet MAGA-fication of the European mainstream, one green regulation rollback and green subsidy cut at a time. geoeconomic.substack.com/p/the-wartbu...
When Adam Smith was first translated in China and why that matters today geoeconomic.substack.com/p/the-long-m...
Theory: Economic decline feeds the far right. Romanians be like
To survive in the bond market, libertarianism needs subsidies. My latest geoeconomic.substack.com/p/spare-a-st...
🚨 Today, Common Wealth launches the Green Planning Commission.
A major new initiative to tackle the twin crises of our era: climate breakdown & the affordability crisis.
To meet these challenges, we need a new era of democratic planning.
🧵
https://www.common-wealth.org/green-planning-commission
For most of the post-Cold War era, Europe never intended to build autonomy in critical minerals. Why would it?https://geoeconomic.substack.com/p/the-smelter-and-the-sovereign
Well-put. Old enough to remember Wade's bon mot.
already 10+ years ago wade jacoby said that europe was a trade dependent status quo power in a world in which the status quo was disintegrating and trade was stagnating and this (car industry lobbying) is one big reason why the EU is not up to the challenge
h/t @palmapolyak.bsky.social
When central banks were asked to "do smth" about climate, the Fed sat it out, the ECB experimented then retreated but the PBOC planned green and brown money at scale. geoeconomic.substack.com/p/central-ba...
China’s approach to venture capital isn’t Silicon Valley 2.0 — it’s industrial strategy with a term sheet. And it explains better than subsidies or state banks why the country is a technological innovation superpower. geoeconomic.substack.com/p/vc-a-la-ccp
Washington thought coercion would keep China down. But as @yelingtan.bsky.social @Mark Dallas @himself.bsky.social & @abenewman.bsky.social show, it did the opposite. Dependence became danger — and China learned to turn US pressure into its own power. geoeconomic.substack.com/p/america-th...
China is not just building clean energy faster than anyone else. It is trying to become something new.
Call it the electrostate. Still, big caveats loom, says Chris Saltmarsh in a superb @ripejournal.bsky.social article geoeconomic.substack.com/p/party-stat...
Friends, I have a substack with my thoughts and others on current events and megatrends from an international political economy perspective. geoeconomic.substack.com
