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June 21, 2006

United States
So, is Michael Mandel right? Did intangible income (dark matter) ride to the rescue in the first quarter, offsetting rising US debt?

As Michael Mandel has noted, the US income balance improved in the first quarter – contrary to the expectations of “pessimists” like me.  I would say “realists” – rising debt usually implies rising i…

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September 21, 2011

Fossil Fuels
Peak Oil and Faith Based Energy Debates

Dan Yergin’s weekend essay on peak oil in the Wall Street Journal (summary: don’t worry) has certainly stirred up passions in the blogosphere. Lynne Kiesling and Michael Giberson, both at Knowledge P…

July 29, 2011

Budget, Debt, and Deficits
Friday File: The Debt Debate Won’t End on Tuesday

Traders work on the main trading floor of the New York Stock Exchange on July 29, 2011. U.S. stocks dropped for a fifth straight day after weak economic data and another setback on a debt deal. (Mike…

Traders work on the main trading floor of the New York Stock Exchange on July 29, 2011. U.S. stocks dropped for a fifth straight day on Friday after weak data on the economy and a setback on a debt deal discouraged investors. (Mike Segar/courtesy Reuters)

December 12, 2012

Europe
Slouching Toward a Banking Union

EU leaders at this week’s summit are expected to advance a banking union crucial to restoring confidence in the eurozone, but its full implementation is a long way off, says CFR’s Robert Kahn.

December 6, 2012

Democratic Republic of Congo
Congo’s Weak Peace Process

Rwandan-backed rebels recently withdrew from the eastern Congolese city of Goma, but a comprehensive peace deal with the government remains elusive, says expert Jason Stearns.