…back, eventually even the skeptical Argentine public came to believe Argentina had miraculously fixed all its problems. When the windfall ended, the dwindling foreign reserves were not enough to maintain…

…to foreign reserves as a percentage of short-term debt—to assess the overall riskiness of a country, which is expressed as an index. A reading above 75 indicates that a country…

…can and does force banks to hold reserves of high powered money — the sum cash in vaults and deposits at federal reserve banks. Each kind of disguised tax is…

…more direct response through an issuance of Special Drawing Rights (SDRs), the official currency of the Fund. These can be sold or used as foreign exchange reserves, thus freeing up…

…process rare earths in the US. The possesses significant rare earth element (REE) deposits estimated to be > than 3.6 million tons. There are major reserves in California, Wyoming, and…

…then agree to act as tax collector for the foreign government on the accounts, thus maintaining secret the identity of the foreign taxpayers. Such an agreement is problematic for two…

…is closer to the truth. I believe the water and food crises in the Horn of Africa are the direct result of old-fashioned colonial exploitation: land grabs by foreign hedge…

…greater than the amount we have to pay our foreign creditors minus the income on our foreign assets, we would have a current account surplus so our debt would shrink…

…for a net outflow of foreign investment. Starting around 1980 two factors changed this. One was the creation of a large structural federal deficit. The second was the peaking of…

…for taxes paid on foreign income. The extenders bill provides rules preventing taxpayers from splitting foreign tax credits from the income to which they relate, and denying foreign tax credits…