Even the portions of Asia that relied less on exports aren’t looking quite as good any more. The FT reports that India seems to be decelerating. Malaysia didn’t grow in the fourth quarter. And…

During the good times, both exports and investment boomed. Indeed, the fact that China ran a large current account surplus even as Chinese domestic investment soared -- something only possible bec…

Michael Mandel thinks I am making a big mistake, albeit a very, very common one - worrying about rising US external debt rather than celebrating rising US household wealth. Brad is making the very…