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October 19, 2006

Monetary Policy
Richard McGregor helps to solve the mystery of China’s slow q3 reserve growth.

The increase in China’s q3 reserves was about $30b below my expectations.  China’s current account surplus is usually about $15b per quarter larger than its trade surplus, and net FDI inflows have be…

May 22, 2007

China
No one covers the debate on China’s macroeconomic policy better than Richard McGregor

McGregor’s long analysis piece in today's Financial Times (free link here) shows why.  It is the best summary of China’s macroeconomic policy challenges – and the contractions associated with China’s…

March 22, 2024

United States
Election 2024: Are Americans Turning Isolationist?

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Much like talk of Mark Twain’s death, claims that Americans are turning their back on the world are…

The sun as viewed disappearing beneath the horizon.

February 12, 2021

Cybersecurity
Cyber Week in Review: February 12, 2021

Hacktivists deface Sri Lankan web domains, highlight social issues; Hacker attempts to poison water supply in Florida city; Clubhouse blocked in China; Forced sale of TikTok to Oracle and Walmart put…

The TikTok app's logo seen on a mobile phone screen.

December 18, 2007

United States
Yes, Virginia, the world’s central banks are financing most of the US current account deficit (my rebuttal to Richard Iley)

Back in the summer of 2004, Nouriel Roubini and I published a paper arguing that large trade deficits implied a deteriorating US net international investment position and a deteriorating “income” bal…

setser_gross_private_flows_01

November 24, 2023

United States
Election 2024: Election 2024 Will Decide Who Controls Congress

Every Friday, I look at what the presidential contenders are saying about foreign policy. This week: The 2024 election will decide whether the next president will face a friendly or a hostile Congres…

Capitol Building Blog Photo II