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- Washington Post - Trump discusses 60% tariff on Chinese imports and 10% tariff on all imports. For what it’s worth, Biden has not reversed a single one of Trump’s tariffs on China. Globalization is under attack regardless of the outcome of the election.

A wild story – "the United Kingdom, stripped of its empire, has found a new role as a commodious base for global kleptocrats"

In another example, the company invoiced government $1.6-million in meal allowances for nurses, even though the company’s contracts with nurses required them to pay for their own food. The Globe found no evidence of this money being distributed to nurses. theglobeandmail.com/canada/article…

I might want to add what Mike Procter himself said about those "politics"

I am often surprised to learn that the tax avoidance shenanigans of large US companies aren't well known, even in DC. And there are some rather egregious examples. Take one large pharmaceutical company that gets the majority of its revenues in the US 1/

But NIMBYism is an inevitable tussle over private property rights – do you own the home or do you own the home's characteristics?

Not to forget affordable. BYD, neck and neck with Tesla in sales, prices their entry model at ~$10,000. US automakers will lobby for tariffs to compete domestically but looks like rest of the world will turn to Chinese EV makers.

A study Arnold Ventures funded shows how for-profit nursing homes are increasingly funneling money to subs through above market rent and management fees, then claiming weakening profitability demands higher reimbursement rates.

On odd days, academics are too radical. On even, they aren’t bold truth tellers because of tenure.

On Shein: - Their clothes are 65% polyester (double Zara & H&M!) - - Laundering polyester is responsible for ~35% of the microplastics in the ocean - They ship between 2-3 billion items a year - Their emission grew by 52% last year - They've 10x'ed their lobbying spend in

Overcapacity? In truth, US waking up to China's booming clean-tech industry that will inevitably be the world's biggest supplier of cheap and high-quality EVs – yet another case of successful industrial policy by China. reuters.com/business/energ…

Indian news media have largely become cheerleaders of the government, disinterested in truth, manipulating opinion polls. That a steep decline in support for BJP and Congress' revival was entirely unanticipated by news media is the big story of the election.

Forget tariffs. How do we get BYD to discover the wonders of shareholder friendly capital allocation?

Brutal heat... New Delhi, India 🇮🇳 just recorded its hottest night on record at the Safdarjung Observatory (data since 1901). The heatwave has been rewriting many records. New Delhi has hit 40°C or greater for 37 consecutive days now.

"How a new government deals with Thames Water’s debt will be watched around the world as countries wrestle with the rising role of private finance in the business of purveying water."

It's not an either-or, but can we talk as much about the environmental-economic win that a Canadian high-speed rail would be, like we do about carbon taxes?

"Imagine FDR acting that way in WW2. Create a loan program for companies to apply to make weapons, make tax incentives for them, then wait for the arsenal of democracy to get built." But this is how we expect to fight the climate crisis with carbon taxes.

Think tariffs are harmful? Per National Bank Canada's interprovincial trade barriers are equivalent to a 21% tariff. Removing them could raise Canadian GDP per capita by 3.8%. Let's demand our leaders fix this. nbc.ca/content/dam/bn…

Prime Minister Justin Trudeau said Saturday that Canada will impose 25% tariffs against C$155 billion of US goods. This comes after the US announced it will put 25% tariffs on Canada and Mexico, as well as a 10% tariff on China trib.al/wFYzaWa

The 2010s saw "slowbalization". Whether the 2020s will be the decade of deglobalization hinges on whether Trump doubles down on his tariff-driven mercantilism instincts in the months ahead.