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December 30, 2011

Politics and Government
Friday File: Farewell to Iowa

The U.S. and Iowa state flags fly at a rally for Mitt Romney in West Des Moines on December 30, 2011. (Brian Snyder/courtesy Reuters) Above the Fold. As the Roy Schneider character says at the start…

The U.S. and Iowa state flags fly at a rally with Republican presidential candidate and former Massachusetts Governor Mitt Romney in West Des Moines, Iowa December 30, 2011, ahead of the Iowa Caucus on January 3, 2012. REUTERS/Brian Snyder (UNITED STATES - Tags: POLITICS)
Blog Post by James M. Lindsay The Water's Edge

January 30, 2007

Financial Markets
Hey big spender (or why conservation is perhaps a bit more than just a personal virtue) ….

In the past, I have noted that oil exporters saved rather than spent the windfall from the surge in oil prices.    The IMF calculated that the average oil producer in the Middle East “spent” 30% and …

oil_price_1302007
Blog Post by Brad W. Setser Follow the Money

December 28, 2011

Politics and Government
Ten Who Will Be Missed

A worker installs some of the 288 new Waterford crystals on the Times Square New Year's Eve Ball. (Mike Segar/courtesy Reuters) Year’s end is time for taking stock, to count up successes and assess …

A worker installs some of the 288 new Waterford crystals, featuring this year’s ’Let There Be Friendship’ design, on the Times Square New Year’s Eve Ball atop One Times Square in New York December 27, 2011. Thousands are expected to pack Times Square on New Year’s Eve to watch the annual ball drop at midnight marking the beginning of 2012. REUTERS/Mike Segar
Blog Post by James M. Lindsay The Water's Edge

June 22, 2005

Capital Flows
The joys of being a creditor nation

China is on track to add between $250 and $300 billion to its reserves this year. That is a lot of money. Enough to have an impact on global bond markets. Enough to buy several oil companies. As…

Blog Post by Brad W. Setser Follow the Money

August 19, 2005

Capital Flows
Iraq: What happened to US plans for an extreme makeover of the economy?

I agree with Mark Thoma more often than naught.   I certainly share his concern about the shifting sectoral composition of output (translated from economese to English, more jobs in housing), and, li…

Blog Post by Brad W. Setser Follow the Money