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July 12, 2005

United States
Don’t worry, be happy. Trade deficits do not matter so long as US household wealth is rising

Michael Mandel thinks I am making a big mistake, albeit a very, very common one - worrying about rising US external debt rather than celebrating rising US household wealth. Brad is making the very…

Blog Post by Brad W. Setser Follow the Money

February 10, 2012

Defense and Security
Friday File: Xi Jinping Visits President Obama at the White House

Above the Fold. The hot topic in Washington this weekend—assuming that the rumor of Kim Jong Un’s assassination is just that—is the upcoming Valentine’s Day meeting between President Obama and Xi Jin…

Xi-Jinping-20120210
Blog Post by James M. Lindsay The Water's Edge

January 13, 2006

United States
On the origins of dark matter

Stephen "Current accounts almost always don't matter" Jen is intrigued by Ricardo Hausmann and Fredrico Struzenegger's discovery of dark matter.   Lots of others are too.   Michael Mandel for one. Se…

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Blog Post by Brad W. Setser Follow the Money

September 23, 2011

Defense and Security
Friday File: Arms Sales to Taiwan

Five F-16 jets fly in formation. (Ho New/courtesy Reuters) Above the Fold. The Palestinian statehood bid is not the only issue the Obama administration has been struggling with this week. On Wednesd…

Five U.S. Air Force F-16
Blog Post by James M. Lindsay The Water's Edge

August 6, 2007

Monetary Policy
The housing market shouldn’t bank on a PBoC put …

Yes, Virginia, seeking higher dollar returns to offset the dollar’s depreciation does mean taking on more risk.  And Steve Schwarzman wasn’t going to underprice his IPO just because China underpriced…

Blog Post by Brad W. Setser Follow the Money