Global Macro Update Archive

How Do We Fix Social Security?
  • October 25, 2024

How Do We Fix Social Security?

Patrick Cox is our guest today on Global Macro Update. He is a macro economist by training, with a background in technology, including an early stint working with Netscape founder Marc Andreesen to help develop SSL encryption.

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Is China More Capitalistic Than the US?
  • August 30, 2024

Is China More Capitalistic Than the US?

Building resiliency, in part by reducing the US economy’s dependence on China, is a recurring theme here at Global Macro Update. I see it as essential to strengthening our long-term economic and national security.

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Debt on Top of Debt: The $8 Trillion PE Bubble
  • August 23, 2024

Debt on Top of Debt: The $8 Trillion PE Bubble

Early in my career, I worked at a small brokerage doing mergers and acquisitions. Our buyer base included private equity groups. These were smart people, with deep industry knowledge that allowed them to add real value to the businesses they bought. They would grow the businesses over a period of five or so years, and then sell—capitalism at its best.

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