Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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August 20, 2007
Financial Markets
Reverse engineering financial engineering
The process that turned subprime mortgages into triple AAA rated securities is, by now, pretty well known. Rich Bookstaber (his blog is here) describes the process nicely.Here's the recipe for a CD…
April 18, 2005
Financial Markets
Tactical Issue Linkages
Dan Drezner has an interesting post up, laying out the components of a "serious" approach to encouraging (or pressuring) China to change its exchange rate peg. He nicely lays out the options, thoug…
April 30, 2015
Vietnam
The Vietnam War in Forty Quotes
Last month, I did a series of posts commemorating the fiftieth anniversary of the arrival of U.S. combat troops in Vietnam on March 8, 1965. Today marks another significant date in the Vietnam War: t…
November 12, 2007
Financial Markets
What a week: a Brazilian supermodel, the Vice-Chairman of the People’s Congress and the French President all commented on the dollar
Note: This is Brad Setser, not Michael Pettis. Mr. Pettis will be doing most of the heavy lifting for the remainder of this week as well. Last week was rather interesting. Gisele Bundchen was all…
August 24, 2015
Elections and Voting
Campaign 2016: Jim Gilmore, GOP Presidential Candidate
The state of Virginia fashions itself as the “Birthplace of Presidents.” Eight American presidents, and four of the first five, were born in Virginia. But the Commonwealth has been suffering a dry sp…
