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Ah, The Economist. What a lovely group of people. 1990s: Let's move all our industrial base to Mexico and China so we can make everything cheap, let the market
by alecco 1y ago
Ah, The Economist. What a lovely group of people.
1990s: Let's move all our industrial base to Mexico and China so we can make everything cheap, let the market forces do their thing!
2022-2025: China is winning the trade war and Trump/Biden are to blame, what a bunch of idiots.
- epistasis 1y agoBiden?
- bryanlarsen 1y agoHave you actually read the Economist?
- dh2022 1y agoI have read it for a few years. And I learned that back then the Economist mission was something along the lines of a robust defense of international trade. Something like what the GP wrote.... I stopped subscribing to it when I realized that all of their economical analyses were 100% bogus. They managed to get better marks on political analyses. But these were not worth paying $40 / year.
- linksnapzz 1y agoThe Economist has always been the mouthpiece for the financial interests of the Cadbury & Rothschild families. There isn't a banking uber alles status quo they won't support.
- paganel 1y agoAdd the Elkann (former Agnelli) family to the list. Still remember their (The Economist's) feud with Berlusconi in the late 2000s, plus a "special" hit-piece on several pages they printed against the owner of Nutella, the Ferrero group.
- fidotron 1y agohttps://en.wikipedia.org/wiki/Anti%E2%80%93Corn_Law_League https://en.wikipedia.org/wiki/Anti%E2%80%93Corn_Law_League In case it's not obvious (because it's not mentioned on the page) the Economist started as a newsletter of the ACLL which most definitely was a curious organization.
- linksnapzz 1y agoNot surprising. Carlyle had the right of them.
- AlanYx 1y agoThere was a 2016 study looking at cover stories from The Economist that found it was a negative indicator (i.e., the opposite played out) within 1 year 68% of the time. Plenty of counterexamples though.
- prasadjoglekar 1y agoHaha... an inverse Cramer.