"these days, Americans make a living selling each other houses, paid for with money borrowed from the Chinese." I have a soft spot for a well turned phrase. Krugman also picks up on something that …

I suspect the stock of outstanding synthetic credit derivatives -- $ 1500 b in synthetic CDOs in 2004 v. $300 b or so in 2001, according to Mark Whitehouse of the Wall Street Journal -- is the only t…

Stephen – the dollar will go down, but “ the US will not adopt a weak dollar policy … and the sky will not fall on the dollar” – Jen has gotten the course of a the dollar/ euro roughly right for the …

What a difference a year makes. Just a year ago Mexican President Felipe Calderon’s mandate appeared uncertain following a contested election that gave him a razor-thin winning margin of 250,000 vote…

Michael Phillips in Monday’s Wall Street Journal: If there’s one message the Bush administration has been trying to hammer home to Chinese leaders, it is this: A major country with a huge trade surp…