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C. Peter McColough Series on International Economics: A Conversation with Charles Plosser
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To minimize the risk of greater global imbalances, U.S. policymakers should rethink U.S. fiscal policy and focus on the transatlantic imbalances, not the bilateral trade deficit with China.
Just how important have foreign inflows been to the Treasury market?
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The U.S. government responds to scores of disasters each year, coordinating closely with state, local, and foreign partners. However, more frequent and severe storms, fires, and floods are straining resources.
If Tesla goes private with significant funding from Saudi Arabia or other foreign investors, it would raise national security and ethical questions.
We are witnessing the gradual but steady demise of a relationship that is already an alliance in name only.