Latest news with #hostilecodependence


Bloomberg
12 hours ago
- Business
- Bloomberg
Summers and Ferguson on a New US-China 'Cold War'
Former Treasury Secretary Lawrence H. Summers and Hoover Institution's Niall Ferguson see the United States' current relationship with China from two different sides. Ferguson states that the US and China have a 'symbiotic but not symmetrical relationship,' and Summers believes they have a 'hostile codependence.' But, they both agree that the tax and spending bill will not do much to give the US the upper hand. (Source: Bloomberg)


Bloomberg
a day ago
- Business
- Bloomberg
US-China Future, Cheap Gas, UK Losing Millionaires, Investing in Big Law
This week, former Treasury Secretary Lawrence H. Summers and Hoover Institution's Niall Ferguson debate US and China's "hostile codependence." And, as President Trump touts lower gasoline prices, some experts explain why it's concerning. Plus, more millionaires in the UK are packing their bags for Italy, but will it be for good? Later, how will private equity change Big Law? (Source: Bloomberg)