Andrew Seay shares an article that goes beyond the feel-good headlines of electric vehicle adoption to identify a potential risky confrontation with China. EVs feel like a good news story:  They leave a carbon footprint 75% lower than their ICE counterparts.  They are 40% less expensive to maintain.  Four door EVs like the Tesla Model S Plaid are achieving performance levels that eclipse even the fastest ICE-powered Ferrari. Consider how staggering that is: The Tesla Roadster was released 11 years…

Wolfgang Hammes shares his view on the current inflation situation; he provides a historical perspective on inflation rates in the States, and a warning on overconfidence and complacency.  July CPI inflation rate minimally improved to 8.5 %. This marginal improvement was enough to initiate great euphoria among investors, politicians, and business leaders. Are we seeing a reversal? Let me start with my BIGGEST CONCERN. The US Dollar is a very strong currency. There is something wrong if a country with…

In this article, Tobias Baer raises a red flag on inflation drivers and where and why they could escalate. My colleagues already have observed 20 years ago that I am a worry wart. So some of you won’t be surprised that I have been worrying about inflation for more than a year now. But the surprise goes both ways – I am increasingly puzzled that nobody, not even The Economist and The Wall Street Journal, seems to discuss two major…

Tim Worboys explains how a leading insurtech company managed to be successful amid declining global economic conditions.  Hippo, a leading US insurtech company, announced yesterday that they had raised $150M in a Series E round, valuing the business at $1.5B post fundraising. As the global economic conditions continue to prove challenging due to the ongoing coronavirus pandemic we are beginning to see a split in the market – some insurtechs are going public or successfully raising significant amounts of funding…

Anders Corr shares an article published in Epoch Times that explores Canada’s relationship with China.  On Christmas, Canada’s Global television aired an interview with the country’s Prime Minister Justin Trudeau. He made excellent points on the need for democracies and their allies to cooperate more in dealing with the China threat. “We’ve been competing and China has been, from time to time, very cleverly playing us off each other in an open market, competitive way,” he said, according to a…

Anders Corr shares an article he wrote for the Epoch Times on a closer AUKUS alliance. Australia, the United Kingdom, and the United States (AUKUS) just took a huge step in the right direction toward deterring China’s aggression. On Sept. 16, President Biden announced that the United States and Britain would assist Australia in acquiring nuclear-powered attack submarines. The submarines will be equipped with nuclear-capable cruise missiles, though not with the nuclear weapons themselves. Australia will purchase similar cruise missiles…

  Indranil Ghosh shares the latest episode of Powering Prosperity Weekly. In this post, he shares an interview with Rachel Ziemba of The Street where they discuss the fiscal and infrastructure proposals in Biden’s US congressional address. Welcome to this week’s edition of Powering Prosperity Weekly. This newsletter looks at issues relating to the Global Economic Transition that will play out over the coming 20-30 years (see my introductory article on LinkedIn for additional context).  As President Biden completed his…