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March 10, 2024

China
China’s Record Manufacturing Surplus

The U.S. likes talking about the dominance of the dollar. But don’t short-change China’s current dominance of manufacturing trade. Trade imbalances need to be taken seriously again.

Manufactured Goods Surpluses

March 18, 2024

Japan
The Japanese Bid for Foreign Bonds After the End of Yield Curve Control

The Bank of Japan (BoJ) is widely expected to end yield curve control.  But Japanese yields will remain low, and foreign bonds will remain attractive to those Japanese investors who don't have to hed…

The Japanese Bid for Foreign Bonds After the End of Yield Curve Control

October 23, 2005

Economics
Another blogging Brad?

I never realized there were so many "Brad's" (leaving aside the famous one from Missouri now linked to Ms. Jolie) til I started doing this ... DeLong.  Plumer.  And now Brad Humphries over at the Spo…

March 15, 2024

United States
Campaign Roundup: Joe Biden Opposes the Sale of U.S. Steel to Nippon Steel

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Joe Biden doesn’t want one of America’s closest allies to buy a once iconic American company.

Steel

January 20, 2022

Economics
Robert E. Rubin: The Challenges and Future of Capitalism in the United States

There are many critical challenges for the U. S. economy that markets, by their nature, will not address. In this sense, the future of American capitalism thus depends on the future of American polit…

September 6, 2019

Zimbabwe
Good Riddance to Zimbabwe’s Robert Mugabe

During his thirty-seven years in power in Zimbabwe, he committed virtually every human rights violation there is. His hands were awash in the blood of Zimbabweans. Fanning and exploiting racial and class differences, he destroyed the country’s economy, once on the cusp of being one of Africa’s most developed, driving out commercial white farmers. By the time he died, Zimbabwe was an international pariah, an economic basket case, and many or most of the country’s most educated and productive citizens had left the country.

Robert Mugabe stands in front of a blurred out, saluting soldier.