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Real Keynesians understand imbalanced trade

…the recession through a Keynesian stimulus package and only after that address Chinese currency manipulations. Real Keynesians don’t think like these incompetents. Real Keynesians understand that the US trade deficit…

Swapping currencies

rdan RGE Monitor notes this aspect of currency trading. (May require subscription for the full article) Dec 12: South Korea and Japan have agreed to increase an existing unconditional KRW-JPY…

WTO and the auto industry bailout

…health-care and retirement benefits, and currency policies. “Frankly, it’s stones and glass houses,” said Garel Rhys, professor of automotive economics at Cardiff Business School in Wales. “Everybody has been at…

China and Christmas

…costs, as well as the strengthening Chinese currency, the Yuan. But it is only in the last few weeks that the scale of the crisis has become apparent. Two weeks…

Oil as an excuse for Bush et al’s economic performance

…corporate earnings, inflation, and monetary policy following the oil price increases will affect equity and bond valuations, and currency exchange rates. Finally, depending on expected duration of price increases, the…

Advice from a Grand Master

…that cause people to make irrational economic decisions. It promises to be a series of posts. The first might be subtitled “Never Look a $10 tie in the local currency.”…