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June 24, 2011

Defense and Security
Friday File: Afghanistan and Argument by Epithet

President Barack Obama speaks to soldiers from the tenth Mountain Division during his visit to Fort Drum in New York on June 23, 2011. Above the Fold. The reactions this week by proponents of the Af…

President Barack Obama speaks to soldiers from the U.S. 10th Mountain Division during his visit to Fort Drum in New York on June 23, 2011.

March 14, 2006

United States
Why didn’t the current account deficit start to adjust in 2003? Will the adjustment start in 2006? And where are all the world’s reserves?

I think I can now welcome Brad DeLong to the "gloom and doom caucus, trade deficit division."  He joins some pretty good company:  Paul Volcker, Robert Rubin, Larry Summers, Warren Buffet, Martin Fel…

Why didn’t the current account deficit start to adjust in 2003?   Will the adjustment start in 2006? And where are all the world’s reserves?

February 3, 2012

Politics and Government
Friday File: Is a U.S. Military Strike on Iran Nearing?

Above the Fold. The rhetoric on Iran certainly heated up this week. Secretary of Defense Leon Panetta noted ominously on Sunday “if we have to do it, we will do it” when asked what the United States …

U.S. warships carrying 17,000 personnel enter the Gulf in a show of force off Iran's coast. (U.S. Fifth Fleet handout/courtesy Reuters)

May 10, 2006

United States
Self promotion watch (Treasury foreign exchange report edition)

I was interviewed by Adam Davidson of NPR about the Treasury’s forthcoming foreign exchange report (to be released at 4 pm today). You can hear the results here.    Adam Davidson also interviewed the…

July 7, 2006

United States
DeLong: It will all be OK … unless it isn’t

Weekend commentary on the forthcoming (we just don’t know when) process of external adjustment in the US has been outsourced to the left coast.  DeLong: What is this most likely scenario? It is of (a…