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March 16, 2018

Capital Flows
The (Balance of Payments) World Changed in 2014

Reserve growth stopped as private investors in Europe and Japan started buying a lot of the rest of the world's bonds.

The (Balance of Payments) World Changed in 2014

November 1, 2011

United States
UNESCO and After: Multiple Wrongs Won’t Secure Rights

General view of the leaders' forum room during the 36th session of UNESCO's General Conference in Paris on October 26, 2011 (Benoit Tessier/Courtesy Reuters). The vote by UNESCO to admit Palestine a…

UNESCO and After: Multiple Wrongs Won’t Secure Rights

July 16, 2012

Europe and Eurasia
More Evidence That LIBOR Is Hazardous to Economic Health

Central bankers necessarily spend a great deal of time studying economic and market data that they believe to be forward-looking indicators of the economy’s health.  One such is the so-called “LIB…

More Evidence That LIBOR Is Hazardous to Economic Health

October 9, 2013

Europe and Eurasia
Paul Krugman’s Baltic Bust—Part III

Geo-Graphics posts in July 2010 and 2012 showed that Paul Krugman’s devaluation-driven “Icelandic Miracle” was nothing of the sort – a figment of his having chosen the most favorable possible star…

Paul Krugman’s Baltic Bust—Part III