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November 1, 2004

United States
Richard Cooper on the current account deficit

Richard Cooper has an oped in today’s FT (avaible here, subscription needed) arguing that the US current account deficit is "not only sustainable, it is perfectly logical". Cooper argues that a $500 …

September 14, 2004

Economics
Welcome to My Blog…

Welcome. I am Nouriel’s co-conspirator on several of his recent articles, and I’ll be adding my voice to this site as well.Obviously, Nouriel and I do not disagree on much. But we do have different…

August 7, 2006

United States
Oil, foreign flight, consumer burnout

Those with doubts about the sustainability of the current US expansion (the doom and gloom caucus according to some) have long argued that there were two different scenarios that might give rise to a…

July 30, 2009

Financial Markets
The (almost) dollar crisis of 2007 ...

It is now rather common to argue that those economists who anticipated the crisis anticipated the wrong crisis – a dollar crisis, not a banking crisis. Robin Harding of the FT writes: "If econom…

almost-a-dollar-crisis-4

April 12, 2006

United States
Watch for imports to surge in March

China's March trade surplus topped $11b - and its goods exports were a very impressive $78 billion.  China February surplus was about $2.5 billion, and its exports only 54.1 billion.  China had an im…

Watch for imports to surge in March