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November 12, 2007

Financial Markets
What a week: a Brazilian supermodel, the Vice-Chairman of the People’s Congress and the French President all commented on the dollar

Note: This is Brad Setser, not Michael Pettis.  Mr. Pettis will be doing most of the heavy lifting for the remainder of this week as well.  Last week was rather interesting.  Gisele Bundchen was all…

August 24, 2015

Elections and Voting
Campaign 2016: Jim Gilmore, GOP Presidential Candidate

The state of Virginia fashions itself as the “Birthplace of Presidents.” Eight American presidents, and four of the first five, were born in Virginia. But the Commonwealth has been suffering a dry sp…

Former Governor Jim Gilmore of Virginia speaking at the 2014 Conservative Political Action Conference (CPAC) in National Harbor, Maryland.

March 24, 2009

Monetary Policy
China’s call for a new international financial system

I spend a lot of time tracking -- or trying to track -- what China is doing with its reserve portfolio. I consequently tend to interpret the public statement of China’s government through the lens o…

September 28, 2008

Monetary Policy
It is (almost) official: the quiet bailout is roughly equal in size to the US current account deficit

It is hard to focus on a routine, backward looking data release amid the most profound financial crisis the US has experienced in a long-time -- a crisis that in its own way will likely rank among t…

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May 22, 2006

Emerging Markets
The dollar is still a currency you run to …

At least if you have borrowed dollars to buy stocks in emerging economies that are tanking. The series of crisis that rocked emerging economies in the 1990s were a formative experience for me.   So M…