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May 26, 2006

China
Do China’s fast growing dollar reserves guarantee a sound banking system?

One common argument about China that I never have fully understood is that China’s banks are OK because China has tons of dollar reserves. It is implicit in this statement by the (very good) Richar…

June 20, 2007

United States
Does Bretton Woods 2 end with a bang or with a wimper — a dialogue

What follows is a bit of an experiment.   I am posting -- with permission -- a lightly edited version of an email exchange that I had with a global equity portfolio manager a few days ago.   Like all…

November 24, 2010

Politics and Government
Why Senate Republicans Won’t Blink First

I speculated yesterday on why the White House opted for a showdown on the New START Treaty when it lacks the 67 votes needed for victory.  Here are ten reasons why the Republicans won’t blink first…

Why Senate Republicans Won’t Blink First

December 22, 2010

Politics and Government
Guest Post: The New START Sausage Mill

I asked my colleague, Chris Tuttle, a Capitol Hill veteran, for his quick reaction to the Senate’s approval of the New START Treaty. Here are his thoughts: In the past week, thanks to the sluggish…

Guest Post: The New START Sausage Mill

January 4, 2011

Politics and Government
Guest Post: Treaties and Filibusters

Senator Kerry walks to the Senate floor during debate over ratification of the New START treaty. Jonathan Ernst/Courtesy Reuters. My colleague, Kay King, wrote a Council Special Report last fall on …

Senator Kerry walks to the Senate floor during debate over ratification of the New START treaty.