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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…

Former Governor Jim Gilmore of Virginia speaking at the 2014 Conservative Political Action Conference (CPAC) in National Harbor, Maryland.

September 12, 2007

United States
A savings glut, not an investment drought -

So argues Ben Bernanke.   His basic argument is very simple.  The emerging world now has a large and growing current account surplus that finances a large and growing current account defic…

December 13, 2011

United States
Middle East Matters: The Ten Most Significant Developments of 2011

Thousands of Egyptian anti-government protesters celebrate inside Tahrir Square after the announcement of Egyptian president Hosni Mubarak's resignation in Cairo on February 11, 2011 (Amr Abdallah Da…

Middle East Matters: The Ten Most Significant Developments of 2011