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July 18, 2013

Monetary Policy
Mortgages and Monetary Policy Don’t Mix

From the beginning of 2009 through this past May 21st, the Fed amassed a portfolio of mortgage-backed securities (MBS) valued at $1.2 trillion.  Over this period, the average 30-year fixed mortgag…

Mortgages and Monetary Policy Don’t Mix

March 10, 2024

China
China’s Record Manufacturing Surplus

The U.S. likes talking about the dominance of the dollar. But don’t short-change China’s current dominance of manufacturing trade. Trade imbalances need to be taken seriously again.

Manufactured Goods Surpluses

July 2, 2018

Southeast Asia
Malaysia Achieved a Democratic Victory—But Don’t Expect Its Success to Spread

In early May, Malaysia was stunned by the victory, in national elections, of the opposition coalition, led by Mahathir Mohamad and essentially (from jail), longtime opposition leader Anwar Ibrahim. A…

Mahathir_5.10.2018

June 3, 2020

China
China Standards 2035 and the Plan for World Domination—Don’t Believe China’s Hype

Although U.S. officials have grown increasingly concerned about China's participation in technical standards bodies and its forthcoming plan, China Standards 2035, it is important to distinguish post…

Chinese President Xi Jinping.

April 5, 2019

Americas
Venezuelan Remittances Don’t Just Save Lives

Sadly, they also help keep the country’s repressive regime in power.

Venezuela's President Nicolas Maduro holds up a mock 100-bolivar bill depicting the president of the National Assembly Henry Ramos Allup, during a pro-government rally in Caracas, Venezuela December 17, 2016.

May 16, 2017

Cybersecurity
Don’t Blame NSA for WannaCry

When giving talks on cybersecurity, I often get asked what keeps me up at night. My short, and glib answer is my four-year-old (he really is a horrible sleeper). I certainly don’t sit up at night wor…

NSA Headquarters, Fort Meade, Maryland