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July 12, 2005

United States
Don’t worry, be happy. Trade deficits do not matter so long as US household wealth is rising

Michael Mandel thinks I am making a big mistake, albeit a very, very common one - worrying about rising US external debt rather than celebrating rising US household wealth. Brad is making the very…

Blog Post by Brad W. Setser Follow the Money

February 1, 2009

China
Asia’s two recessions

During the good times, both exports and investment boomed. Indeed, the fact that China ran a large current account surplus even as Chinese domestic investment soared -- something only possible bec…

Blog Post by Brad W. Setser Follow the Money

July 30, 2014

Wars and Conflict
TWE Remembers: World War I Novels

Yesterday, I recommended several great books on the origins of World War I. I’m a history buff, so books about what world leaders said and did are my thing. But friends who prefer novels to histories…

World-War-I-Novels
Blog Post by James M. Lindsay The Water's Edge

February 27, 2009

China
More bad news from Asia

Even the portions of Asia that relied less on exports aren’t looking quite as good any more. The FT reports that India seems to be decelerating. Malaysia didn’t grow in the fourth quarter. And…

Blog Post by Brad W. Setser Follow the Money

August 1, 2014

Wars and Conflict
TWE Remembers: Top Ten World War I Films

World War I has provided source material for gripping novels and powerful poetry. It also has provided source material for some great movies. Here are my ten favorites in alphabetical order. A Far…

World-War-I-Films-The-Afric
Blog Post by James M. Lindsay The Water's Edge