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February 15, 2013

TWE Celebrates Presidents’ Day

Monday is Presidents’ Day. It is a TWE tradition to recognize the forty-three men—and they have all been men—who have been president on Presidents’ Day with the following essay. Enjoy the three-day w…

President George W. Bush meets with former Presidents and President-elect Obama in the Oval Office of the White House in Washington, January 2009. (Kevin Lamarque/courtesy Reuters)
Blog Post by James M. Lindsay The Water's Edge

October 2, 2007

Monetary Policy
Central banks came close to financing the entire US current account deficit over the past four quarters

I have been reserve-obsessed for quite some time now.   The uphill flow of funds from the emerging economies to advanced economies strikes me as the defining feature of today's global economy.   That…

cofer_q2_2007_graph_1
Blog Post by Brad W. Setser Follow the Money

April 11, 2011

Politics and Government
Campaign 2012: Hello Mitt Romney, GOP Presidential Candidate

Mitt Romney shakes hands after speaking to an audience at the Conservative Political Action Conference meeting in Washington on February 11, 2011. (Larry Downing/courtesy Reuters) The United States …

Campaign 2012: Hello Mitt Romney, GOP Presidential Candidate
Blog Post by James M. Lindsay The Water's Edge

April 6, 2008

Financial Markets
Just how much money do sovereign wealth funds have?

A ton, according to Morgan Stanley’s Stephen Jen and a host of Wall Street investment banks Not all that much, according to Milken Institute’s Christopher Balding (as reported by Bob Davis in the Wa…

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Blog Post by Brad W. Setser Follow the Money

February 17, 2005

The Achilles Heel of Cowboyeconomics

The Wall Street Journal says everyone in the world would benefit from a dose of Cowboyeconomics. You know, exporting tons of debt, to support consumption growth well in excess of income growth ... …

Blog Post by Brad W. Setser Follow the Money