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…
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September 27, 2005
United States
Savings gluts, investment droughts and the current global economy
Low yields in advanced economies lead capital (private capital that is) to head to emerging markets looking for yield. Emerging markets - whether scared by the crisis that followed the sudden with…
September 29, 2005
United States
Budget and Current Account Deficits Jeopardize U.S. Influence, Warns Council Special Report
Hurricane Costs Exacerbate Problem and Underscore Need to Curtail Government Spending and Raise Tax RevenuesSeptember 29, 2005—The United States must confront the alarmingly high federal budget and c…
September 30, 2005
Budget, Debt, and Deficits
Getting Serious About the Twin Deficits
Overview Twenty years ago, the United States was the world’s largest creditor nation, unsurpassed in its ownership of assets outside of its borders, even after deducting what foreigners owned insi…
November 21, 2005
China
Keith Bradsher demolishes the myth that China is a great market for American goods
The money quote in Bradsher's article in last Friday's New York Times comes from Matthew Crabbe: "The only US-produced items that I can think exist in large quantities in China are dollars bills." …
December 7, 2005
Economics
Gone (ice) fishing …
I will be away from my desk for the next week or so on a business trip. I'll probably post a bit, modern communications and all. But I doubt I'll post every day. I suspect that a couple of the c…