Roubini on The Coming Sino-American Bust-Up – PS On Point

 [View this message in a web browser]( | [Forward to a friend]( [PS On Point]( PS On Point Weekly Newsletter Nouriel Roubini sees the fate of the global economy now resting with the leaders of the United States and China, each of whom seems to think the other will blink first in their burgeoning trade and technology war. But that game, says Roubini, is one that rarely ends well. Long View FRIDAY, JUNE 21, 2019 [The Coming Sino-American Bust-Up ]( The Coming Sino-American Bust-Up By Nouriel Roubini Whether or not US President Donald Trump and his Chinese counterpart, Xi Jinping, agree to another truce at the upcoming G20 summit in Osaka, the Sino-American conflict has already entered a dangerous new phase. Though a negotiated settlement or a managed continuation of the status quo are possible, a sharp escalation is now the most likely scenario. [Read More]( THE BIG PICTURE The Big Picture brings together 4-5 Project Syndicate commentaries on topics in the news - and on the deeper issues driving the news. [Why UBI?]( Why UBI? Universal basic income is that rare idea supported by libertarians and socialists alike. But should it be taken seriously? [Read More]( PREVIOUSLY IN PS ON POINT [The American Century's Last Man]( The American Century's Last Man By Christopher R. Hill George Packer's biography of Richard Holbrooke manages to capture the great American diplomat’s complex character and long career in a single volume. In reflecting on Holbrook's accomplishments in the service of diplomacy and human rights, one encounters a man whose character was in perfect step with that of his country. [Read More]( SUMMER SALE [SUMMER SALE 50%]( Ride into summer with our Summer Sale and take 50% off a Project Syndicate subscription when you use the discount code SUMMER. Enjoy unlimited access to the world's leading thinkers on economics, politics, finance, world affairs, sustainability, and technology, as well as weekly long reads, book reviews, interviews, our annual print magazine, The Year Ahead, our complete archive, and more. Hurry! Sale ends today. This newsletter is a service of [Project Syndicate](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from this list](.