Financial Cold War, James A. Fok
Financial Cold War, James A. Fok
List: $29.99 | Sale: $21.00
Club: $14.99

Financial Cold War
A View of Sino-US Relations from the Financial Markets

Author: James A. Fok

Narrator: Christopher Grove

Unabridged: 17 hr 52 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 06/21/2022


Synopsis

Rising tensions between China and the United States have kept the financial markets on edge as a showdown between the world's two largest economies seems inevitable. But what most people fail to recognize is the major impact that the financial markets themselves have had on the creation and acceleration of the conflict.

In Financial Cold War, market structure and geopolitical finance expert James Fok explores the nuances of China-US relations from the perspective of the financial markets. The book helps listeners understand how imbalances in the structure of global financial markets have singularly contributed to frictions between the two countries.

In this book, listeners will find: a comprehensive examination of the development of financial markets in both China and the US, as well as the current US dollar-based global financial system; insightful observations of the roles of technology, innovation, regulation, taxation, and politics in the markets, and on their resulting effect on US-Sino relations; thorough explorations of the role of Hong Kong as an intermediary for capital flows between China and the rest of the world; and suggestions for how, balancing the many varying interests, policymakers might be able to devise effective strategies for de-escalating current Sino-US tensions.

Reviews

Goodreads review by Barry on February 26, 2022

You must read this magnum opus. The author's impressive understanding of global financial markets shines through the historical review, considered analysis and most importantly his solutions. The deep research is tightly edited and achieves symphonic flow. The insightful thoughts are interspersed wit......more

Goodreads review by Niklas on June 30, 2022

The freshest breath of air in a long while. Absolutely essential contribution on often overlooked, but crucial details with massive implications. Financial markets are complicated. It is always easier to ignore them and give in to populist and simpler narratives. The author manages to shine light on......more

Goodreads review by Evelyn on January 17, 2022

A timely comprehensive book analysing multiple factors contributing to existing tensions between US and China in the hope to avoid any catastrophic event in the future through the suggestions by author. A must read in 2022.......more

Goodreads review by Shane on September 06, 2022

I started this book hot on the heals of The Bitcoin Standard, so my headspace was already fairly deep in global fiat based volatility, Keynesian based economics principles and the Breton Woods system. This was not pre arranged, but I could not have picked a better book in providing a strong roadmap......more

Goodreads review by Benjamin on December 17, 2024

Very good book. Gives insight into the underlying conflict between the great powers of our time and how the international financial system is used to their benefit. Moreover the book shows the differences between the wests liberal markets and Chinas rather restrictive and slow opening markets to for......more