20 Results for:

February 27, 2009

China
More bad news from Asia

Even the portions of Asia that relied less on exports aren’t looking quite as good any more. The FT reports that India seems to be decelerating. Malaysia didn’t grow in the fourth quarter. And…

April 11, 2016

Libya
Libya: Disconnect and Fragmentation

Despite the fact that a diplomatic effort to bring the chaos that has engulfed Libya since 2011 seems to have gained momentum, Libya is in for a long fight.

BP04112016

July 30, 2014

Wars and Conflict
TWE Remembers: World War I Novels

Yesterday, I recommended several great books on the origins of World War I. I’m a history buff, so books about what world leaders said and did are my thing. But friends who prefer novels to histories…

World-War-I-Novels

February 1, 2009

China
Asia’s two recessions

During the good times, both exports and investment boomed. Indeed, the fact that China ran a large current account surplus even as Chinese domestic investment soared -- something only possible bec…

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…