china

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American Dollars in Focus
Licensed via Adobe Stock

The U.S. Has No Choice but to Undertake Radical Economic Change

Burdened with $34.5 trillion in national debt that is currently growing by $1 trillion every 100 days, the U.S. economy is headed for disaster. It falls on the next administration to change that trajectory while also introducing policies that increase and broaden economic growth and wealth creation for everyone. Read More ›
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“When ‘Free Trade’ Does More Harm Than Good” with Robert Lighthizer

Click here to watch the interview. For regular listeners, you know I like to take on complicated subjects, and try to make clear what’s at stake for all of us.   Thanks for reading The Bill Walton Show! Subscribe for free to receive new posts and support my work. Pledge your support In this episode the Bill Walton Show we take a another deep dive into one of the most complicated and contentious areas of economic policy:  International trade.  International trade negotiations are incredibly complex multilevel games—there are negotiations not just with America’s trading partners, but with Congress, domestic constituencies, and rival factions within the executive branch.  There are sharp – almost theological – differences in how trade policy ought Read More ›

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Stack of Gold Coin on Black Background.
Stack of Gold Coin on Black Background.

The BRICs Go For Gold

After months of debate about various currency and commodity baskets, a Russia- and China-led consortium has apparently settled on using gold as the basis of a planned new international currency system separate from the US dollar and euro. Read More ›
Powell and Perry Interview 2

How China’s Economy and Trade Policies with the U.S. Have Changed

Part two of Discovery Senior Fellow Scott Powell's three-part discussion with China expert Bill Perry. Powell and Perry discuss how the economy of China has changed and why it’s necessary for the U.S. to have trade policies that protect our intellectual property and demand fairness and reciprocity. Read More ›
Chinese Yuan and US dollars on the map of China. Trade war between US and China, economic sanctions

The Real China Story

With China grabbing all the negative headlines lately, I thought it would be a good idea to step back and look at the big picture, highlighting the great triumphs of this country. Some of my readers worry that I am “soft” on China, too optimistic about the prospects for freedom there and unwary of the Chinese threat to the U.S. As one reader recently wrote, “At the end of the day China is still a communist country” that “does not recognize the right to private property” and therefore can steal our intellectual property without any twinge of conscience. I love this comment because it gets us right to the heart of things: Is China still a communist country? Not: Does China have lots of politicians who ritually declare themselves communists? (It does.) Or even a few who deep in their hearts still yearn for the good old days of Mao? (They exist.) But is China a communist country, a nation of 1.4 billion people living under anything we would recognize as communism? My answer is: “By their fruits, you shall know them.” Let me explain… Read More ›