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August 3, 2007

China
What RMB appreciation?

There is a tendency to equate the RMB/ dollar with the RMB.   That most often shows up in tendency to equate an appreciation of the RMB against the dollar with an appreciation of the RMB.   That is a…

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June 28, 2013

United States
You Might Have Missed: U.S. Humanitarian Interventions, Syria, and the Cheapness of IEDs

Brian T. Haggerty, “Safe Havens in Syria: Missions and Requirements for an Air Campaign,” Massachusetts Institute of Technology, July 2012. (PDF) Discussion of military intervention in Syria to addr…

June 1, 2005

United States
Is the US sufficiently geared up?

Deep Throat is no longer Washington’s best kept secret, the ten-year Treasury note yields less than 4% and Stephen Roach is a (reluctant) bond bull. The currency of a country with a 6.5% of GDP cur…

May 16, 2014

Military Operations
You Might Have Missed: Space Fence, Counter-UAV Technologies, and Nigeria

Eric Schmitt and Brian Knowlton, “U.S. Officials Question Ability of Nigeria to Rescue Hostages,” New York Times, May 15, 2014. Even as terrorist groups throughout the world have engaged in more kid…

WSJ Semitism

October 20, 2011

Defense and Security
Defense, Foreign Aid, and the Las Vegas Debate

GOP presidential candidates on stage at the CNN Western Republican debate in Las Vegas on October 18, 2011. R(Richard Brian/courtesy Reuters) I like political debates. They offer candidates a chance…

GOP presidential candidates (L-R) former Pennsylvania Senator Rick Santorum, Rep. Ron Paul (R-TX), Herman Cain, former Massachusetts Governor Mitt Romney, Texas Governor Rick Perry, former House of Representatives Speaker Newt Gingrich and Rep. Michele Bachmann (R-MN) stand on stage at the CNN Western Republican debate in Las Vegas, Nevada October 18, 2011. REUTERS/Richard Bria