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August 23, 2012

Defense and Security
Top Twelve Defense Sequestration Scare Tactics

Over a year ago, on August 2, 2011, President Obama signed the Budget Control Act (BCA) of 2011. The bipartisan legislation easily passed the House, 269-131, with 174 Republicans and 95 Democrats vot…

Panetta and Dempsey

August 2, 2009

Monetary Policy
How much do the major Sovereign Wealth Funds manage?

This post is by Brad Setser and Rachel Ziemba of RGE Monitor A score of recent reports have put the total assets managed by sovereign wealth funds at around $3 trillion. That seems high to us – at…

May 5, 2007

Monetary Policy
Another month, another $10b (or more)

The $10b a month club came through in April. Brazil’s reserves: up $12.3b in April. Bacen also did a $3b reverse currency swap – its largest ever – last week.   It isn’t just intervening in the spot …

April 16, 2007

United States
Six things to remember about the TIC data

I have boiled two years of experience with the (frustrating) TIC data into six easy lessons --and thrown in a chart showing the large gap between the official flows that showed up in the last survey …

survey_v_tic_small

April 21, 2014

Defense and Security
TWE Remembers: The U.S. Invasion of Veracruz, Mexico

When you find yourself in a hole, stop digging. That advice is easier given than followed. The temptation to “double down” on bad ideas can be overpowering, especially in foreign policy where the pol…

Veracruz-US-Invasion-1914