Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/foreign exchange reserves

Innumeracy

…value of petroleum imports will amount to very very roughly 13% of GNP (here I assume we pay interest lower than the growth rate of GNP as foreign suckers buy…

Who represents domestic manufacturers?

…2008 alone, according to the company’s latest figures, its U.S. work force rose by nearly 10 percent, but its foreign work force increased by more than 29 percent. As a…

Auto thinking

…but see the second argument . . . which is that SUVs and pickup trucks have been less exposed to foreign competition, so instead of having twelve or so viable…

WTO procurement and US spending stimulus

…to the subcommittee on Terrorism, Nonproliferation, and Trade, “US Foreign Economic Policy in the Global Crisis.” Briefly this is what she is saying about banking and trade globally and how…

Greenspan Protesteth Too Much

…With foreign savings flooding the U.S. because our trade was seriously unbalanced, it had at least two options. First, it could restrict the inflow of foreign savings, or, second, urge…

This Makes More Sense–or Does It?

…know this business, and can do it well and continue it. Last year, AIG said it planned to sell all assets except its U.S. property and casualty business, foreign general…

Name Dropping

…services. [sounds pretty clear to me. It is hard to tell if profits sent to the USA from a foreign subsidiary are return on capital or the fruit of the…

What was the Nexus?

…and won. Is it a list of people who served in the Reagan Administration in foreign policy positions or under Bush I? Well no, though you are getting close. Because…