Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
April 28, 2005
United StatesThis week’s Economist looks at the "paper" losses that central banks issuing local currency (or selling local currency debt) to buy foreign exchange reserves would incur in the event of the revaluati…
May 3, 2005
EconomicsKash provides a pithy summary of the state of the US economy:"the US economy has slowly been evolving from a goods-producing economy into a house-producing economy"I suspect Calculated Risk would con…
July 19, 2005
Calculated Risk has long argued that those wanting to peer into crystal ball and see the future of the US economy should look at Britain -- since Britain’s housing boom started before the US boom, an…
July 19, 2005
Tim Duy highlighted a Wall Street Journal story on Monday that puts forward the case that the US manufacturing sector is booming. I did not find Journal's argument entirely convincing. After all, th…
July 26, 2005
EuropeI spent some time over the weekend delving into the Eurozone balance of payments data published by the ECB in its monthly bulletin, looking for insights into the global flow of funds. But to jazz thi…