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October 14, 2004

United States
Another month, another bad trade number

The latest monthly trade data came out today, and was worse than expected -- though in my view that indicates expectations have yet to catch up with reality. Exports have been stuck in the $95-96 bi…

Blog Post by Brad W. Setser Follow the Money

October 18, 2004

Sub-Saharan Africa
A Conversation with Joseph R. Biden Jr.

Council on Foreign RelationsNew York, N.Y. NICHOLAS KRISTOF: I'm Nicholas Kristof from The New York Times. A couple of announcements first of all. Those of you with cell phones, please do remembe…

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November 18, 2004

Is it the currency of John Snow and the problem of everyone else?

That headline draws on a nice quote from Steve Barrow of Bear Stearns. It paraphrases the famous saying about the dollar -- I think from Nixon’s Treasury Secretary John Connally -- "it is our curren…

Blog Post by Brad W. Setser Follow the Money

November 19, 2004

Greenspan, part II

Federal Reserve Board Chairman Alan Greenspan was careful to frame the risk created by rising US external debt for foreigners investing in the US (and in the process financing the US current account …

Blog Post by Brad W. Setser Follow the Money

November 22, 2004

US economic policy does not pass the Chinese test

You could sort of see this headline coming: China tells the US to put its house in order. Lenders never like receiving lectures on sound economic policy from their borrowers. John Snow might have …

Blog Post by Brad W. Setser Follow the Money