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March 22, 2006

China
Stephen Roach is well worth reading today

Roach has access to a slightly higher level of policy makers than either the author - or I suspect most of the readers - of this blog.   Particularly in China.   He didn't learn of Wen's crit…

January 31, 2007

United States
Roach on globalization and China

Stephen Roach made three arguments last Friday. I disagree with two of them, but agree with the third.  And the third is by far the most important.   But before getting to the point of agreement, the…

November 8, 2005

China
Stephen Roach gets it, the IMF does not …

Subtitle: some parts of the IMF might want to reread Keynes. China, as we have discussed, saves too much and consumes too little.  It consequently finances both its own (exceptionally rapid) industri…

November 2, 2018

United States
Stephen Kotkin’s “Stalin: Waiting for Hitler, 1929–1941” Wins 2018 CFR Arthur Ross Book Award

November 2, 2018—Professor Stephen Kotkin has won the seventeenth annual Council on Foreign Relations (CFR) Arthur Ross Book Award for Stalin: Waiting for Hitler, 1929–1941 (Random House), the second…

August 4, 2006

China
Stephen Jen is right

That is not something I say all the time. I suspect I am among Stephen Jen's prototypes for what he calls structural dollar bear.    And Stephen " “current account deficits inside the dollar …

October 21, 2018

United States
Trump Trashes Another Treaty

Even calculating for the rising threat from China, leaving the INF puts the United States in a worse strategic position than if it were to stay in.

John Bolton Russia

October 30, 2018

Terrorism and Counterterrorism
Mail Bombs, Hate Crimes, and the Meaning of Terrorism

Last week’s mail bombs and synagogue attack have reignited a heated discussion of hate crimes and terrorism in the United States. Definitions matter in this debate.

Terrorism and Hate Crimes

June 3, 2005

Economics
If Roach says 3.5% and Gross says 3%, someone else has to say 2.5%

Roach and Gross could not stay among the most bullish on bonds for very long. From Marc Gilbert’s column today.Gabe Borenstein, managing director of global investments at Investec Holdings Ltd. in N…

July 21, 2015

China
China’s Market Plunge: Correction or Crisis?

The odds of an economic hard landing for China remain low, but continuing stock volatility could set back critical market reforms, says expert Stephen Roach.

October 12, 2018

United States
Happy 243rd Birthday to the U.S. Navy!

The U.S. Navy turns 243 years-old tomorrow. On October 13, 1775, the Continental Congress commissioned two ships, each with eighty sailors, “for intercepting such transports as may be laden with warl…

Navy Birthday 2018