Figure: A decade after left-wing populists take office, central bank claims on the state are up close to 300%, while ...

Figure: The inflation push fades to zero by August 2026, but the price level stays about 2% higher.

Figure: Tariffs opened a 2.9 point gap by February 2026; without them, goods prices would have been falling.

Figure: Each past year of left-wing populism makes today’s central bank react 11.5% to 18.8% harder to the same inflation gap.

Figure: Punishments held near 600,000 for four years, then jumped 46 percent in 2024, the same year Beijing reopened channels ...

Figure: Only the youngest workers fall behind in the most exposed jobs; by the mid-thirties the gap has disappeared.

Figure: Robot installations have grown for a decade and Asia now absorbs three in every four.

Left-wing fiscal populism leaves central banks paying for decades Trump’s push for cheap money cost Treasury markets’ trust ...

Figure: Mainland buyers came back to a third of new sales once the border reopened. Total premiums then jumped 50 percent in ...

Figure: Exposed and unexposed jobs moved together until early 2023, after which the exposed line fell more than twice as far.

Figure: China imported more cars than it exported until 2017. By mid-2026 it was shipping 10.3 million a year and taking in ...

Figure: Chinese carmakers received subsidies worth 2.7 percent of revenue in 2024, nearly three times the North American rate ...