Blog
I believe the most important thing Americans must do is to secure their economic well-being in an increasingly challenging, complex world. What I have written about all these years is the process of creating wealth, not for any one individual, but for the United States as a whole. Ever since I was a young correspondent witnessing the emergence of China after the country opened in 1979, I’ve believed we have to get more serious about creating wealth. I retain faith in the resiliency of the U.S. economy and the enterprise of American people. If Americans have the right strategies, we can once again create widespread wealth. Come with me on this journey.
TikTok: “Everything is seen in China.”
June 21, 2022
This excellent piece of reporting by Buzzfeed News has not received any attention in the mainstream media, but it is incredibly important. It completely shatters the myth that the parent company of TikTok, namely ByteDance, does not have access to the incredible volume of data that the service generates in the United States. That means […]
A great map showing Chinese hacks against American targets
June 9, 2022
The evidence is mounting that the Chinese government has thoroughly penetrated American telecommunications and computing systems. The National Security Agency has compiled this map of 700 targets, as obtained by NBC News. What are the Chinese doing with all the data they are stealing and all the system penetrations they have achieved. As Mike McLaughlin and […]
A fascinating test case of China’s power in Washington
May 16, 2022
The two houses of Congress are locked in a struggle over a large bill that would pump $52 billion into the American semiconductor industry, giving it a lift at a time when China is striving mightily to catch up. The bill would presumably postpone the day when China could achieve anything approaching parity. It currently […]
Could the Fed be making a terrible mistake?
May 2, 2022
I don’t normally comment about the Federal Reserve but it is contemplating a .50 percent increase in interest rates on Wednesday. It is doing this in response to the market’s view, and economists’ view, that the Fed must raise interest rates to counter inflation, which has reared its ugly head. But we have to ask […]
Europeans Ahead on Figuring Out How to Regulate Big Tech
April 7, 2022
This article is from the Center for Security and Emerging Technology at Georgetown University. CSET hosts some of the smartest people on the planet, in my humble estimation. The Euros have figured out to define “core platform services.” The EU’s New Digital Act Could Mean Big Changes for Tech Giants: On March 24, European Union leaders reached […]
My interview: How Cyber Stands at The Heart of the Competition with China and Russia
March 28, 2022