Council of Councils
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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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December 28, 2017
United States
Ten World Figures Who Died in 2017
Ten people who passed away this year who shaped world affairs for better or worse.
May 8, 2008
Monetary Policy
The de facto nationalization of the global financial system
The US housing bubble. Bursting. The “the triple bubbles in property prices, mortgage debt, and the shadow banking system.” Burst. Soros’ thirty year super-bubble in leverage and financial assets…
July 23, 2007
China
First Blackstone, then Barclays …
The alliance between the Chinese state – lest we forget, still a (nominally) communist state -- and the high priests of global financial capitalism is close to complete. Goldman, Royal Bank o…
September 14, 2006
Emerging Markets
Poor countries financing rich countries watch
Table 1.2 of Chapter 1 of the WEO makes one thing abundantly clear. When the IMF talks about the need for investors to “increase the share of their portfolios in US assets for many years” (p.16) in …
August 4, 2009
Economics
All great things have to end
This will be my last blog post, at least for the foreseeable future. I have accepted a new job, one that will require a certain level of discretion. I am excited by its challenges: ‘Balanced an…