185 Results for:

March 9, 2006

United States
Mike Mandel, Ricardo Hausmann and Federico Sturzenegger better be right (January trade data)

I sure hope that the US is exporting a lot of "intangibles" that don't show up in the trade data, and generating lots more intangible dark matter to offset all the external debt that the US is taking…

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August 1, 2006

Economics
Memo to Mike Mandel: Wal-Mart doesn’t look like it is creating all that much dark matter …

Wal-Mart recently sold itsmoney-losing  German operations: Industry observers said Wal-Mart lost about €100m ($127.5m) on German sales of €2bn last year. Results failed to pick up in spite of the clo…

June 21, 2006

United States
So, is Michael Mandel right? Did intangible income (dark matter) ride to the rescue in the first quarter, offsetting rising US debt?

As Michael Mandel has noted, the US income balance improved in the first quarter – contrary to the expectations of “pessimists” like me.  I would say “realists” – rising debt usually implies rising i…

q1_dark_matter_img1

July 3, 2006

United States
Paging Michael Mandel. I give up … there isn’t that much to worry about. At least not judging from the 2005 NIIP data.

OK, I am not really ready to give up.  But the 2005 net international investment position (NIIP) data sure didn't provide me much to work with.For a couple of years now I have been warning against th…

June 28, 2021

Afghanistan
What’s Next for Afghan Women: An Interview with Judge Najla Ayoubi

This post is part of the Council on Foreign Relations' blog series on women's leadership in peacebuilding and non-violent movements, in which CFR fellows, scholars, and practitioners highlight new se…

A young shoe polisher waits for customers beneath a mural in Kabul, Afghanistan.