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August 4, 2006

China
Stephen Jen is right

That is not something I say all the time. I suspect I am among Stephen Jen's prototypes for what he calls structural dollar bear.    And Stephen " “current account deficits inside the dollar zone…

October 25, 2013

United States
Against Spying on Foreign Leaders

Reading the news stories about alleged U.S. spying on Angela Merkel’s cell phone, an old memory came to mind. In the Reagan second term I was Assistant Secretary of State for Inter-American Affairs,…

March 15, 2018

Russia
Are Cold War Spy-Craft Norms Fading?

The poisoning of former double agent Sergei V. Skripal in the UK indicates that Russia may have abandoned some unspoken rules of espionage. CIA veteran Jack Devine examines the history and current state of spy-craft.

UK Skripal Poisoning Crime Scene

October 9, 2006

United States
Stephen Jen, Eternal optimist

Apparently, the US fiscal deficit is set to disappear and the US current account deficit has peaked.  At least it has in Stephen Jen-land.  In his latest email Jen writes: “US’s corporate revenues ar…

July 12, 2010

Russia
What the Russian Spy Case Reveals

The arrest of ten alleged Russian agents in U.S. suburbs raises questions about the nature of spying in the twenty-first century. Former U.S. spies discuss the enduring need for intelligence collecte…