…the form of debt (bonds, such as U.S. Treasury securities, or bank loans). In 2015, for example, 60% of its assets were held in the form of FDI or portfolio…

…By the way, although I don’t have a screenshot, the European model as of this morning had Florence coming ashore near Charleston, SC. Next Friday could be a very bad…

…growth and India’s will be larger than the whole of the entire euro zone. The same is true of greenhouse gas emissions. Since about 1990, emissions from the U.S. and…

…won the award and that it came with a 10,000 euro prize (about $11,500), she described it as “just pure magic.” Caitriona hadn’t applied for the award; the prize committee…

…remaining positive, something happening throughout all of Eastern Europe, which has stopped catching up to Western Europe. And the second is that the frame of reference has changed. Whereas Poland…

…the chief international currency. Possible alternatives such as the euro or renminbi lack the broad financial markets that the U.S. possesses, and in the case of China the financial openness…

…European economies, probably mainly the result of shrinking prime-age work forces, keeps the yen and the euro low and makes the U.S. less competitive.” The theory that trade balances are…

…about medicare for all (good policy bad politics) and forgiving student debt (good politics bad policy). Trying to be brief and actually get to the topic of this post, my…

…in dollars; similarly, about 60% of global corporate debt is denominated in dollars. U.S. Treasury debt is the world’s safe asset, which allows the U.S. to fund its fiscal deficits more cheaply….

…hiring foreign companies like Euro Painting. First of all, here are both total and residential construction spending for the past 15+ years: Note that in raw, non-inflation-adjusted terms, both are…