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December 11, 2006

Financial Markets
Greenspan talks down the RMB and the riyal …

The maestro (former maestro?) probably didn't intent to talk the dollar down …   so much as state an obvious reality.   Bloomberg:  ``The dollar will continue to drift downward until there is a cha…

August 30, 2005

Economics
Rubin doctrine of international finance v. Greenspan doctrine …

The Rubin doctrine of international finance (From In an Uncertain World):1. The only certainty in life is that nothing is ever certain.2. Markets are good, but they are not the solution to all proble…

September 11, 2018

International Criminal Court
The Trump Administration Throws Down the Gauntlet to the ICC. The Court Should Decline The Challenge.

National Security Advisor John Bolton criticized the International Criminal Court (ICC) in a speech before the Federalist Society. Adjunct Senior Fellow for International and National Security Law Jo…

National Security Advisor John Bolton discusses "Protecting American Constitutionalism and Sovereignty from International Threats," at a forum hosted by the Federalist Society for Law and Public Policy Studies in Washington, DC on September 10, 2018.

December 6, 2005

United States
Alan Greenspan, financial globalization, home bias and central bank reserves

The very last paragraph of Alan Greenspan's last speech on global imbalances seems to have generated the majority of the press that came out of his London speech on global imbalances.   I kind of lik…

home bias and central banks

August 24, 2005

Financial Markets
Is Alan Greenspan encouraging moral hazard in … China?

Listen to one Chinese fund manager in this morning's Wall Street Journal:  "Mr. Zhu (who helps manage US dollar investments for the Bank of China) expresses confidence in the US dollar and the health…