Inequality

Financial Cold War Afterword: Hong Kong, Inequality, and What Comes Next

Book: Financial Cold War: A View of Sino-US Relations from the Financial Markets
Author: James A. Fok
ISBN: 9781119862765


The policy chapters are over. Fok steps back and gets personal. This afterword is where the book stops sounding like a market infrastructure manual and starts sounding like a worried father in Hong Kong.

Is This a New Cold War? What History Actually Teaches About China and the US

Book: Financial Cold War
Author: James A. Fok
ISBN: 9781119862765

Previous: China’s Capital Markets, Two Steps Forward Part 3

Chapter 6 opens with a quote from Helmut Schmidt: monetary policy is foreign policy. Fok then walks through centuries of European power politics to make a simple point. National interest drives alliances, but leaders who misread their moment can drag everyone into catastrophe.