The Historical Significance of Mao Zedong

A Baroque Farce at New Deal 2.0

Freeing China's Manufacturing Sector for the Domestic Market

Letting Reason Break the Gold Fever

 Too Big To Fail Versus Moral Hazard Revisited

Too-Big-To-Fail and the Theory of Large Numbers Revisited

How Hedge Funds Squeezed JPMorgan

Dimon's Gambit

The EUROPEAN SOVEREIGN DEBT CRISIS
Part V: EU Treaty Reform
Part IV: Need for an Orderly Withdrawal Mechanism from the Euro and the Eurozone
Part III: Supranational Globalization vs Nation State Sovereignty
Part II: The Role of the IMF/ECB/EC Troika
Part I: A Currency Union Not Backed by Political Union

DEVELOPMENT THROUGH WAGE-LED GROWTH
Part XIII: The Failed Revolutions of 1848 - The Political Background
Part XII: The Failed Revolutions of 1848 - The Economic Background
Part XI: Critical Theory
Part X: The Rise and Decline of Institutional Economics
Part IX: International Gold Agreements - Historical Political Context
Part VIII: Gold and Fiat Currencies
Part VII: Weak Political Response to Ineffective Financial Regulation
Part VI: The London Gold Market
Part V: Central Banks and Gold Liquidity
Part IV: Central Banks and Gold
Part III: Labor Markets de-linked from the Gold Market
Part II: Gold Keeps Rising as Other Commodities Fall
Part I: Stagnant Worker Wage Income Leads to Overcapacity
The End of the Business Cycle?

TheFighting Deficit Twins

The Dispute Over What Constitutes Sound Fiscal Policy


 
GLOBAL POST-CRISIS ECONOMIC OUTLOOK
Part XII: Financial Globalization and Recurring Financial Crises
Part XI: Comparing Eurozone Membership to Dollarization of Argentina
Part X: The Trillion Dollar Failure
Part IX: Effect of the Greek Crisis on German Domestic Politics
Part VIII: Greek Tragedy
Part VII: Global Sovereign Debt Crisis
Part VI: Public Debt and Other Issues
Part V: Public Debt, Fiscal Deficit and Sovereign Insolvency
Part IV: Fed’s Extraordinary Section 13(3) Programs
Part III: The Fed’s No-Exit Strategy
Part II: Two Different Banking Crises - 1929 and 2007
Part I: Crisis of Wealth Destrution

Keynes and Hayek

A New Volcker Rule for the Wayward US Financial Sector

Economist Stiglitz Condemns Moral Deprivation in Ersatz Capitalism

The New Millenium 

China and a New World Economic Order

Why China must buy US Treasuries with her Trade Surplus Dollars

Krugman Blaming the Victim for the Crime

How Supply Side Economics of a Low Tax Regime Pushes Down Wages

The Repo TimeBomb Redux

OTC DERIVATIVE MARKET REFORM
Part I: The Folly of Deregulation
Part II: The Courageous Brooksley Born

The Need to Regulate Cross-Border Flow of Speculative Funds

Too-Big-To-Fail and the Theory of Large Numbers

THE SOCIALIST REVOLUTION STARTED 90 YEARS AGO IN CHINA 
Part I: The Beginning
Part II: Lessons of Other Revolutions
Part III: Lessons of the Soviet Experience
Part IV: The Situation in China
Part V: Economic Surplus and Capital Formation

Lesson Unlearned

FEDERAL RESERVE POWER UNSUPPORTED BY CREDIBILITY
Part I: No Exit
Part II: Facing a Lost Decade
Part III: The Politics of Financial Crisis

MONEY AND COMMODITY MARKETS
Part I: Money Markets - Integrity Deficit has its Price

The American productivity myth

Confidence in the Dollar
Greenspan Characterized Regulatory Arbitrage as Desirable

The Fed Created Serial Bubbles by Policy

Tip-toe Regulatory Reform 

G2 and SCO

Mark-to-Market vs Mark-to-Model

Financial Profit Inflation from Price Deflation 

Stress Tests for Banks 

Central Banking Practices Monetarism at the Expense of the Economy

BIS vs National Banks

Brzezinski’s G2 Grand Strategy

G20 Summit Missed the Real Target 

OBAMA'S POLITCS OF CHNAGE AND US POLICY ON CHINA
Part I: The Song Stays the Same
Part II: US Domestic Politics and China Policy
Part: III: The New Deal Dollar and the Obama Dollar
Part IV: Brzezinski’s G2 Grand Strategy
Part V: G2 and SCO

The Global Economy in Transition

THE FOLLY OF INTERVENTION
Part I: The Zero Interest Rate Trap
Part II: No Exit for Emergency Nationalization

2009 – THE YEAR MONETARISM ENTERS BANKRUPTCY
Part I: Bankrupt Monetarism
Part II: Central Banking Practices Monetarism at the Expense of the Economy
Part III: Stress Tests for Banks
Saving the Chinese Economy from the Global Financial Crisis
Specific Measures to Restore China's National Destiny

China and the Global Financial Crisis

Open Letter to World Leaders

Massive Pension Fund Crisis in the US

FROM FREE MARKET FUNDAMENTALISM TO STATE CAPITALISM
Part II: Treasury’s “Troubled Assets Relief Program” in Trouble
Part I: US Government Pours Oil on Fire

Too Big To Fail Versus Moral Hazard
Milton Friedman and the Money Matters Controversy

SHIFTING CHINA'S EXPORT TOWARDS THE DOMESTIC MARKET 
Failure of Central Banking leads to Debt Capitalism Self Destruction
Rising Oil Prices and the Falling Dollar

The Fed and the Strong Dollar Policy

THE SHAPE OF US POPULISM
 Part VI: The Birth of the New Deal
Part V:The Great Depression, the New Deal and the 2007 Credit Crisis
Part IV: A Panick-Striken Federal Reserve
Part III: The Progressive Era
Part II: Long-term Effects of the Civil War
Part I: Legacy of Free Market Capitalism

Financing the Hong Kong-Macau-Zhuhai Bridge: The Public Authority Opton
ROAD TO HYPERINFLATION WITH MARKET ACCOMMODATING MONETARY POLICY
Part I: A Crisis the Fed Helped to Create but Helpless to Cure
Part II: Central Banking History of Failing to Stabilize Markets
Part III: Inflation Targeting 

Hong Kong Election and Sovereign Democracy

PATHOLOGY OF DEBT
Part I: Commercial Paper Market Seizure turns Banks into their own Vulture Investors
Part II: The Commercial Paper Market and Special Investment Vehicles
Part III: The Credit Guns of August heard around the world
Part IV: Lessons Unlearned
Part V: Off-Balance-Sheet Debt

SUPER CAPITALISM, SUPER IMPERIALISM AND MONETARY IMPERIALISM
 Part I: A Structural Link
Part II: Deregulation: Global War on Labor 

Unemployment and Credit Crisis

LIQUIDITY BUST BYPASSES THE BANKING SYSTEM
 Part I: The Rise of the Non-bank Financial system
Part II: Bank Deregulation Fuels Credit Abuse

Creative Accounting and Destructive Debt
Central Bank Impotence and Market Liquidity
THE REAL INTEREST RATE CONUNDRUM
 Part I: The Real Interest Rate Conundrum 
Part II: Currency Devaluation Depresses Wages Globally 

A Mute Strategic Economic Dialogue
Liquidity Boom and Looming Crisis as It Decouples US Equity Markets from the US Economy

CHINA AND APPEASEMENT
Part III: China’s Misguided Experts on the US 
Part II: China's Appeasement Faction
Part I: Beyond Munich - Geostrategy and Betrayal 

Why the US Subprime Mortgage Bust Will Spread to the Global Finance System
US as Leading Currency Manipulator

Paulson and China

CUT AND RUN
Part III: The Situation in Iran
Part II: Looking to Syria and Iran for Help
Part I: Fleeing from Self Destruction is Common Sense

Regime Change Blowback

Untested Management Team for the US Economy 


Recent Articles
CURRENT US-CHINA RELATIONS
Part I: A Lame Duck-Greenhorn Dance
Part II: US Unilateralism
Part III: Geopolitical Dynamics of the Korea Proliferation Crisis
Part IV: More Geopolitical Dynamics of the Korea Proliferation Crisis 
Part V: Kim Il Sung and China 
Part VI: Korea under Park Chung Hee
Part VII: Clinton Policy on North Korea - A Belated Path to Peace
Part VIII: GW Bush Policy on North Korea – a Path to War
Part IX: The North Korean Perspective
Part X: South Korea's Changing Position
Part XI: Japanese Strategy to become a “Beautiful Nation”

WAGES OF NEOLIBERALISM
Part I: Core Contradictions
Part II: The US-China Trade Imbalance
Part III: China's Internal Debt Problem
Part IV: Development Financing and Urbanization 

WORLD TRADE NEEDS A GLOBAL LABOR CARTEL (OLEC)
Part I:  Background and Theory
Part II: Rising Wages Solve All Problems 

GREENSPAN - WIZARD OF BUBBLELAND
Part I: Greenspan - Wizard of Bubbleland
Part II: The Repo Time Bomb
Part III: How the US Money Market Really Works
Part IV: The Global Money and Currency Markets

Global Trade Imbalance and Deflation

Liberating Sovereign Credit for Domestic Development

Superpower Vulnerability

The Hong Kong Democracy Controversy


Past Articles

Dollar Hegemony

Oil

THE ABDUCTION OF MODERNITY
Part I: The race toward barbarism
Part II: That old time religion
Part III: Rule of law vs Confucianism
Part IV: Taoism and modernity
Part V: The Enlightenment and modernity
Part VI-a: Imperialism as modernity
Part VII-b: Imperialism and fragmentation
Part VI-c: Imperialism resisted

Iraq Geopolitics

WORLD ORDER, FAIL STATES AND TERRORISM
PART 1: The Failed State Cancer
PART 2: The Privatization Wave
 PART 3: The Business of Private Security
PART 4: Militarism and Mercenaries
PART 5: Militarism and the War on Drugs
PART 6: Outsourcing Public Security
PART 7: History lesson for the "War on Terror"
PART 8: Militarism and Failed States
PART 9: Sovereignty, Democracy and Militarism
PART 10: Nazism and the German Economic Miracle

CRITIQUE OF CENTRAL BANKING

QUEST FOR PEACE: US-CHINA
THE COMING TRADE WAR and GLOBAL DEPRESSION

China vs the Almighty Dollar

World Trade Center Memorial

The Case for an Asian Monetary Fund

Crippling Debt and Bankrupt Solutions 

Mao and Lincoln

Turkey Financial Crisis

China Bank Reform

Capitalism's Bad Apples: It's the Barrel that's Rotten 

HK Infrastructure Public Authority

Tackle Failed Markets, not Failed States

Big money and the Corn Laws


This website presents the writings of

Henry C.K.Liu
on
Geopolitics - Economics - History - Culture - Philosophy

All Rights Reserved

Alternate Sites

Henry C.K. Liu
 
The Complete Henry CK Liu in Asia Times Online

Henry C.K. Liu on  Roosevelt Institute New Deal 2.0 website

Henry C.K. Liu in Top Wonks.org

Henry C.K. Liu Chinese Web Site

Henry C.K. Liu Chinese Web Site 2

Henry C.K. Liu on Hongqi Wang （红旗网-廖子光）


HENRY C.K. LIU Interviews on Xinhua 08 Financial Forum
2008 Interview#1
2008 Interview #2
2009 Interview #1
2009 Interview #2
2010 Interview 

MEDIA COVERAGE
http://www.chinesebiznews.com/index.php/component/content/11895.html?task=view 
http://www.liaoziguang.org/ 
http://finance.jrj.com.cn/people/2010/09/1522548180544.shtml 
http://www.xinhua08.com/opinion/cjgc/201009/t20100915_48749.html
http://www.fohb.gov.cn/hbwb/zwdt/wqxx/wsxx/201009/9731.html 
http://democracyandclassstruggle.blogspot.com/2009/04/false-promise-of-market-fundamentalism.html
http://www.chinadaily.com.cn/hqcj/2008-11/10/content_7188811.htm
http://news.xinhuanet.com/english/2008-11/16/content_10367985.htm
http://ishare.iask.sina.com.cn/f/20745425.html
http://wenku.baidu.com/view/e10070d6b9f3f90f76c61b06.html
http://wenku.baidu.com/view/0632287da26925c52cc5bf8b.html
http://www.huffingtonpost.com/henry-liu
http://www.globalresearch.ca/index.php?context=listByAuthor&authorFirst=Henry%20C.K.&authorName=Liu
http://chinadigitaltimes.net/2009/06/henry-c-k-liu-the-race-toward-barbarism/
http://mosquitocloud.net/henry-c-k-liu-supranational-globalization-vs-nation-state-sovereignty
http://www.larsschall.com/2012/06/14/lasst-die-vernunft-das-gold-fieber-enden/
http://gata.org/node/6380
http://forums.wallstreetexaminer.com/topic/921895-central-banks-and-gold-henry-c-k-liu/
http://agonist.org/tjfxh/20090305/quote_of_the_day_henry_c_k_liu
http://www.itulip.com/forums/showthread.php/17762-Henry-C-K-Liu-on-Gold
http://www.itulip.com/forums/showthread.php/11797-Power-Without-Credibility-Henry-CK-Liu
http://www.itulip.com/forums/showthread.php/14153-Henry-CK-Liu-6X6
http://worldreport.cjly.net/2008/05/henry-c-k-liu-shape-of-us-populism-part.html
http://karmalised.com/?p=8071
http://news.infoshop.org/article.php?story=20120518142721848
http://forums.wallstreetexaminer.com/topic/844034-lesson-unlearned-henry-ck-liu/
http://riskmoment.com/ralm/2007/06/14/henry-c-k-liu-how-currency-devaluation-destroys-wealth/
http://www.geopolitica-rivista.org/18172/una-visione-per-il-futuro-dal-kazakistan-sistema-monetario-eurasiatico-e-strategie-per-lo-sviluppo/
http://www.correntewire.com/what_marx_got_wrong
http://blog.hasslberger.com/2006/03/olec_global_cartel_for_labor.html
http://www.stwr.org/writers/henry-c-k-liu.html
http://www.stwr.org/global-financial-crisis/too-big-to-fail-versus-moral-hazard.html

Since 2/6/06        unique visitors

Yesterday's visitors locations