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It’s 1929 again

Can China Adjust to the US Adjustment? Prof. Michael Pettis of Beijing University on the macroeconomic parallels between the present crisis and that of the 1930s, with China playing the role today that the US played back then.
posted by Abiezer on Nov 28, 2008 - 23 comments

The $1.4 Trillion Question

"Through the quarter-century in which China has been opening to world trade, Chinese leaders have deliberately held down living standards for their own people and propped them up in the United States. This is the real meaning of the vast trade surplus—$1.4 trillion and counting, going up by about $1 billion per day—that the Chinese government has mostly parked in U.S. Treasury notes. In effect, every person in the (rich) United States has over the past 10 years or so borrowed about $4,000 from someone in the (poor) People’s Republic of China." James Fallows on how the trade deficit between China and America works and what it means for the future.
posted by afu on Sep 30, 2008 - 41 comments

Obligatory accreditation system for IT security products

Give us your secrets. The Chinese government plans order foreign manufacturers to reveal information about their digital products, a Japanese newspaper reported on Friday. It will introduce rules requiring foreign firms to disclose secret information about digital household appliances and other products from May next year, the Yomiuri Shimbun said, citing unnamed sources. If a company refuses to disclose information, China would ban it from exporting the product to the Chinese market or producing or selling it in China, the paper said. [more inside]
posted by caddis on Sep 22, 2008 - 38 comments

New Trade Theory

Where no economist had gone before. Paul Krugman posts a type-written paper on interstellar trade which he wrote as "an oppressed assistant professor" in the '70s. I do not propose to develop a theory which is universally valid, but it may at least have some galactic relevance. [pdf link]
posted by grobstein on Mar 11, 2008 - 25 comments

Queue for the soup kitchen may start here

"What we are now seeing is the break up of Bretton Woods mark 2." The Guardian's economics editor, Larry Elliot, on growing fears of a global depression. [single link op-ed alert]
posted by ClanvidHorse on Feb 25, 2008 - 122 comments

The Bicycle of Your Youth or Bike of your Dreams

BikeIcons isn't the best site, but it has the best bikes! [more inside]
posted by snsranch on Nov 27, 2007 - 17 comments

Save vs. Recession +5

Fantasy Stock Market Limit Break Go! A literal interpretation of fantasy stock market trading in Dungeons and Day Traders reg. req. Start with the rules and get trading in a week long mishmash of pyrolisks and porkbellies, mushrooms and margins, dragons and drawdowns...
posted by boo_radley on Sep 17, 2007 - 9 comments

Made in China

Made in China. A look inside the world’s manufacturing center. Flash video slideshow of the port of Shenzhen (7:00 minutes with sound)
posted by srboisvert on Jul 23, 2007 - 26 comments

As slippery as an eel

5 types of Chinese fish subject to temporary import ban. Melamine in farmed fish. The safety of fish farming in question. Are we risking a trade war with China over food? Some see an upside to food globalization. China's loss may be the Gulf Coast's gain. Previously on Mefi
posted by SaintCynr on Jun 28, 2007 - 30 comments

Tradecards

Tradecards.
posted by hama7 on Dec 18, 2006 - 9 comments

The Fund in Flux

The Trade Surplus and the Olive Tree The International Monetary Fund (IMF) has seen its loan portfolio drop 73 per cent since 2003. Nobody seems to be defaulting on their loans lately, and there hasn't been a big bailout since 2001. The IMF's summit this week in Singapore will look at this issue and how to better the world balance of trade betweed the developing world and the industrial economies of the west. But is there really a place (warning: PDF) for the IMF in the trade agreements between China and the US?
posted by parmanparman on Sep 15, 2006 - 7 comments

The ties that bind

The International Networks Archive is an effort by a group of sociologists to understand 2,000 years of globalization through mapping the network of transactions that link the world, rather than geography. The project is still ongoing, but you can see some of the results: an interactive map that uses travel time to visualize the world; a graphic of the growth of Starbucks and McDonalds; the distribution of government jobs (apparently the 3,412 postal inspectors can carry firearms); the cashflows of movies and tobacco; and, of course, the world at night. There is also access to a lot of detailed data, as well as more maps and information at the Mapping Globalization wiki.
posted by blahblahblah on Aug 22, 2006 - 5 comments

Artist trading cards

Artist trading cards (ATC's) have three rules they shouldn't be sold, they are to measure exactly 2.5" by 3.5", and on the back they must have the artist's name, contact information, title of the ATC and it's number in the series. Since M. Vanci Stirnemann started this hobby in 1997 it has spread the world over. [previously on metafilter]
posted by bigmusic on Aug 16, 2006 - 13 comments

Is it really time to upgrade your mobile phone?

Dead Ringers: the Science Museum asks us the question "should we upgrade our mobile phone?" "No" and "no" say the Times and the Observer, but we still do: on average every 18 months. What's the problem? Well it isn't just the lead, arsenic, beryllium and brominated fire-retardant cases (pollutants all) disappearing into our land fills (which are not covered by the Waste Electrical and Electronic Equipment Directive [WEEE] in Europe). Coltan also goes into our phones. It occurs mainly in the Democratic Republic of Congo, and as such our demand for upgrades has been contributing to a war (despite mobile phone companies' claims to the contrary, coltan is not regulated like timber). If we must upgrade, we can at least recycle or hack our old phones.
posted by nthdegx on Aug 7, 2006 - 49 comments

I'll give you an Oprah selection for that Austen.

Bookmooch lets you give away your old books to a loving, caring home. Oh, and you can get used books for free too. Everyone wins! via
posted by ferociouskitty on Aug 7, 2006 - 21 comments

farm subsidies good?

Africa does not need more expensive food. As the Doha trade rounds collapse largely due to disagreements about farm subsidies, Daniel Davies challenges the conventional view that farm subsidies hurt the poor.
posted by afu on Jul 26, 2006 - 28 comments

One Red Paperclip turns into a house!

One red paperclip has, after 14 trades, been turned into a farmhouse in Kipling, Saskatchewan. Previously, previously.
posted by cerebus19 on Jul 8, 2006 - 74 comments

Tuna, Esq.

The Tuna Court: Law and Norms in the World's Premier Fish Market. [more inside]
posted by monju_bosatsu on Jun 2, 2006 - 20 comments

Bulk shopping at Alibaba

Alibaba regularly ranks as one of the top destination web sites in the world, currently higher than Wikipedia or CNN, it is a mind boggling Bazaar of bulk items available for import and export, mainly from China. A popular site rarely heard about, it is for those who buy by the shipping container or become lost in the bewildering variety and possibilities of generic bulk commodities.
posted by stbalbach on Jan 13, 2006 - 28 comments

eBay meets Netflix?

New startup Peerflix is starting to generate press attention as a clearinghouse for peer-to-peer DVD trades; it's being called "eBay meets Netflix". With an idea that obvious, you'd think someone would have thought of it before, and they had - it was called WebSwap, but it didn't last that long...
posted by runkelfinker on Oct 24, 2005 - 25 comments

CAFTA

CAFTA passed in House Despite unions, NGOs, and even some hispanic organizations, CAFTA was passed by the House tonight, most likely soon to be followed by the Senate and signed by Bush. Is this a positive move, or will this "send jobs overseas"?
posted by Moral Animal on Jul 27, 2005 - 25 comments

A game of double bluff

A game of double bluff The UK and EU are keeping the poorer nations exactly where they want them: beholden to their patrons. (George Monbiot in the Guardian.) See also Oxfam's critique of the Doha round of WTO talks.
posted by adamvasco on May 31, 2005 - 3 comments

Trading 3rd party votes in swing states for votes in

VotePair.org allows third party voters in swing states to trade their vote with Kerry supporters in uncontested states. The result is that Kerry is more likely to win the swing states and third party candidates still get the same number of votes when tallied nationwide.
posted by freshgroundpepper on Oct 17, 2004 - 39 comments

Act like a drunk acting sober

Tricks of the Trade. In an article in The Morning News, Defective Yeti asked readers to reveal the secrets of their profession:

Attorney: Do whatever it takes to fit your contracts onto a single page. Even sophisticated negotiators can be charmed by the lack of a staple.

Auto Mechanic: Always put copper grease on the battery terminals after servicing a car. The performance benefit is negligible, but when customers look under the hood they will immediately see that something’s changed and thus feel happy to pay you.

Handyman: If you have to change a light bulb where the glass is broken, you can press a potato into the metal base to unscrew the remains of the bulb from the fixture. Got any secrets to success or even just survival in your racket?
posted by planetkyoto on Aug 24, 2004 - 130 comments

Why do we need the IMF?

Choose your own adventure! "The following imaginary scenario attempts to picture what would happen if the IMF did not exist. It tells the story of a businessperson in a fictional developing country that is suffering from a shortage of foreign exchange. In the scenario, there is no IMF to turn to in order to resolve the currency crisis. You will soon come to realize the difficulties of carrying on international trade in that imaginary world without the IMF."
posted by livii on Jul 15, 2004 - 21 comments

Buddhist Art and the Trade Routes

Buddhist Art and the Trade Routes. [Flash, via plep.]
posted by homunculus on May 6, 2004 - 10 comments

Bush to Blair: "Special what?"

US-based multinationals have been told they will receive compensation from American trade authorities if they cancel contracts in Britain.
"The US government's stance on steel tariffs is not only illegal it is damaging business on both sides of the Atlantic. The tariffs may have saved a few steel jobs in Ohio but they have destroyed car worker jobs in Detroit.

"Nice visiting with y'all, mind if I take these jobs back with me?"
posted by dash_slot- on Nov 18, 2003 - 15 comments

GMOFilter

Fist or famine? President Bush accused European nations of contributing to famine in Africa because of their reluctance to accept GM foods. But one of Bush's many EU critics says "even serious experts on GM will concede that there is no evidence that GM can make any greater contribution to feeding the world than existing agricultural science." There may be, however, a risk of cancer, according to a Scottish expert, among other profound misgivings. Plus, it looks like some GM crops aren't even doing their genetically-modified job. So uh, how are they gonna stop world hunger, again?
posted by soyjoy on Jun 24, 2003 - 26 comments

WTO and Bush

The World Trade Organization ruled today that the steel tariffs imposed by President Bush last year were illegal. Today's ruling, which was not a surprise, was the second major loss for the United States at the W.T.O. in the last year. The trade panel awarded Europe the right to impose $4 billion worth of trade sanctions against the United States for giving tax breaks to American exporters through foreign sales corporations. Well, at least we are winnig the war...
posted by bureaustyle on Mar 26, 2003 - 22 comments

NAFTA

It's the ten-year anniversary of NAFTA this week. Has it been a success? [more inside].
posted by acridrabbit on Dec 12, 2002 - 31 comments

Is Fast Track Back?

Is Fast Track Back? The House of Representatives voted 215-212 to give "Fast Track" trade agreement authority to W in the "early morning hours." Is this the return to all that 'globalism' stuff that was newsworthy before 9-11? And, most of all, what is the Senate going to do about it? Tell him to take a flying leap, or jump on the corporate bandwagon?
posted by kablam on Jul 27, 2002 - 7 comments

Canadian faces jail in U.S. for trade with Cuba.

Canadian faces jail in U.S. for trade with Cuba. James Sabzali faces trial on 77 accounts of of conspiracy and of trading with the enemy, nearly half of which relate to buisness conducted when Sabzali was working in Canada. Assistant U.S. Attorney Joseph Poluka concedes that while living in Hamilton the defendant was "technically not subject to jurisdiction.", but maintains that "foreign nationals cannot aid and abet violations of U.S. law." Does this mean the United States has an open licence to prosecute foreigners for acts committed against American laws on foriegn soil?
posted by astirling on Apr 2, 2002 - 15 comments

Aid workers forcing refugees to trade sex for food

Aid workers forcing refugees to trade sex for food Over 40 aid agencies including the UNHCR were implicated, and 67 individuals - mostly local staff - named by the children. Some under-age girls said United Nations peacekeepers in the West African region were involved.
posted by nobody_knose on Feb 26, 2002 - 9 comments

Last week, the WTO ruled against a corporate welfare program for US exporters (again). This week, a Canadian hemp company claims the US owes them US$20m under NAFTA for harrassment and impinging on future returns.
posted by raaka on Jan 23, 2002 - 10 comments

The New WTC?

The New WTC? The Max Protech Gallery in Manhattan has an exhibit of sketches and designs from artists, architects, and others with their ideas on how the World Trade Center could be rebuilt
posted by owillis on Jan 20, 2002 - 48 comments

Recordnerd.com

Recordnerd.com : Possibly a repeat - sorry if it is. This is a cool site for record nerds like me to get rid of some old stuff and search out some new stuff at the same time.
posted by paulrockNJ on Oct 16, 2001 - 5 comments


A four part tale(1993) of deception, covert operations and secret revelations, which covers :
How The Blind Sheikh Came To USA
CIA's Friends Against Soviet Union
Was Mossad Behind WTC 1993
How The CIA Won It's Jehad

Search These Terms
"Mossad World Trade Center", CIA, Hekmatyar, Hekmatyar Heroine, The Blind Shiekh, ISI, The Village Voice, Robert I. Friedman, Victor Ostrovsky
posted by adnanbwp on Sep 20, 2001 - 2 comments

Is Wage Insurance the Answer?

Is Wage Insurance the Answer? Central to the ongoing debate on globalization is whether free trade is a good thing or not because it pits capital against labor. Like a lot of policy issues (and politics :) trade helps some but hurts others, while polarizing and often making enemies of people on either side of the debate. Wage insurance might provide a middle ground where people can come together. (more inside!)
posted by kliuless on Sep 6, 2001 - 6 comments

corporate totalitarianism and the ftaa:

corporate totalitarianism and the ftaa: Activists will gather in Quebec City, Canada on April 11, 2001 to protest the upcoming Summit of the Americas (SOA) meeting. The purpose of the SOA, which will be held April 18-22, is to hammer out the first full text of the Free Trade Area of the Americas (FTAA), a proposed agreement that would turn the entire Western Hemisphere (except Cuba) into the largest international trading bloc in history.
posted by kliuless on Apr 10, 2001 - 3 comments

Is everyone asleep at the wheel?

Is everyone asleep at the wheel? "The Senate on Tuesday approved a bill to normalize trade with China, marking a turning point in a half-century of stormy relations between the world’s strongest power and its most populous nation. In return, trade relations will no longer hinge on China’s human rights record, a link that has long irritated Beijing." It is a sad day for human rights in China.
posted by Brilliantcrank on Sep 19, 2000 - 25 comments

China, our new buddy

China, our new buddy It seems like history may be made today. I hope that if China does receive favorable trade status that it will go to improve human life in that nation and improve ties between our countries. I'd like to buy China a Coke...
posted by Brilliantcrank on May 24, 2000 - 7 comments

can states have a foreign policy?

can states have a foreign policy? the Supreme Court today will review whether state and local governments can protest human rights in other nations by restricting purchases from companies that operate in those countries. the court will decide whether states, by restricting purchases, are making foreign trade policy, which, under the Constitution, is the duty of the federal government.
posted by palegirl on Mar 22, 2000 - 0 comments

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