Dr Andy Xie, renowned economist, shared in his recent SCMP article that the Federal Reserve helped create and burst the FTX crypto bubble. The Federal Reserve’s liquidity tsunami, especially its response to the Covid-19 crisis, supercharged financial bubbles and Ponzi scams. The collapse of the cryptocurrency exchange FTX is just one of many inevitable failures, […]
Tag Archives: Dr. Andy Xie
Speakers
Dr Andy Xie: Ukraine crisis could spell a drawn-out war that will hit financial speculators hard
04
Apr
Apr
Dr Andy Xie, renowned economist, opined that Ukraine crisis could spell a drawn-out war that will hit financial speculators hard. With no swift resolution to the Ukraine war in sight and a risk of the conflict spreading, markets must wake up to the reality of massive energy and food supply shocks. The likelihood that financial […]
Asia, China, Insights, Speakers
Dr Andy Xie SCMP Article: How China’s coal crisis exposes the hypocrisy of the West’s carbon footprint
03
Nov
Nov
In a recent SCMP article, Dr Andy Xie discussed China’s coal crisis and the West’s carbon footprint The surging electricity demand is driven by export recovery. China is on pace to increase exports by US$700 billion this year, more than Japan’s total exports. As central banks and governments hand out money to people during the […]
Asia, China, Speakers
Dr Andy Xie: The Trojan horse threat behind China’s tutoring and tech crackdown amid US rivalry
03
Sep
Sep
In a recent opinion piece for SCMP, Dr Andy Xie discussed the continuing China-US rivalry, how both industries are becoming more powerful and more. Here are some highlights: Beijing is cracking down on tutoring businesses in its latest move to reshape China’s economy. Internet companies have also been under scrutiny for some time. Many actions fall […]
Asia, China, Speakers
Dr Andy Xie: From towering debt to bitcoin’s boom, why 2021 is the year of living dangerously
23
Jun
Jun
In his most recent SCMP opinion piece, independent economist Dr Andy Xie discussed why 2021 is the year of living dangerously. Vaccination is unshackling major developed economies and money is flowing into real economies, sparking overheating and inflation. This may spell the end of the speculative boom in both traditional financial markets and new products […]
18
Feb
Feb
Renowned independent economist Dr Andy Xie shared insights on the GameStop stock frenzy in his recent SCMP article. The drama unfolding around GameStop is a tale of the internet levelling the playing field between at-home retail investors and Wall Street. The US stock market may become as retail dominated, and as volatile, as the Chinese […]
Asia, China, Speakers
Covid-19 market bubbles, a creation of the distorted global economy, cannot last
17
Feb
Feb
Dr Andy Xie, renowned economist, opined that despite the Fed’s best efforts, such asset bubbles cannot be sustained. Could political instability in the US be the shock that deflates the bubbles? A bubble usually ends with a shock, such as an accounting scandal or rising interest rates. So much helicopter money may indeed lead to […]
Asia, China, Insights, Media, Speakers
Andy Xie: The real economic reforms China needs to become less dependent on exports
30
Sep
Sep
In a recent SCMP article, Andy Xie discussed China’s slowing economy and the need to implement reforms to become less dependent on exports. To find a way out of China’s political economy dilemma, there needs to be a massive rise in efficiency. If China shifts from small township urbanisation to megacity development, the money can go […]
09
Sep
Sep
In his recent article published in SCMP, Dr Andy Xie, renowned economist warned that the US-China technology war is about to burst the tech bubble. China is an economy that overinvests, while the US overconsumes: a marriage of convenience allowed these two one-legged individuals to lean on each other and keep their balance. But as […]
Asia, China, Insights, Media, Speakers
Dr Andy Xie’s economic advice for India: Invest in Infrastructure
19
Mar
Mar
Dr Andy Xie recently shared insights with Times of India about economic strategies, possible stock market crash and more: I had said pass a land acquisition law for infrastructure. Mandatory acquisition of land that’s what China did almost 30 years ago. Without that you cannot do infrastructure. Without infrastructure, don’t talk about GDP rising, doesn’t make sense. […]
15
Feb
Feb
Dr. Andy Xie, leading Shanghai-based independent economist, expressed his concern about Bitcoin in a feature on the South China Morning Post saying “Bitcoin is a Ponzi scheme masquerading as a futuristic currency. It was a small bubble until it found China last year. But when the Chinese government launched its crackdown, it was the beginning of the […]