What if the U.S. government started listening to Tom Friedman? @dandrezner on the threat of a Friedman Feedback Loop http://t.co/zQm2khRZrK
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Roubini Topic Archive: Fiscal Policy
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How America Builds Its Way Back to Balance
The following is an excerpt from The Reckoning: Debt, Democracy and the Future of American Power, with a forward by Dr. Nouriel Roubini, available in the United States on this week from Palgrave Macmillan and in Europe on 17 May. Moran, a former RGE vice president and geostrategy analyst, is now Director and Editor-in-Chief of [...]
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Ratings Agencies: Three Little, Three Late
“A faulty condom is worse than no condom at all,” my sex education teacher intoned before a befuddled classroom decades ago. I’m not sure that any of us sixth graders really understood what she was saying at the time. Students today, however, have a more poignant example to draw from: The three global ratings agencies. [...]
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Europe’s Fire Sale: Begging Former Colonies for a Bailout
Buried amid reports about unrest in Egypt and Syria, Obama’s trip to Asia and the jobs versus deficits debate in Washington was the latest evidence of a disturbing trend: a piece by the New York Times’ Adam Nossiter on Portugal begging its former colony, Angola, for a bailout. With little fanfare, Angola, once a bountiful source for [...]
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It’s Politics, Not the Economy, That Will Sink America
Much has been made of the depth of the economic crisis facing the United States, and it should not be underestimated. But only about 30 percent of the trouble facing the U.S. today is economic — the U.S. economy, compared with all the other developed economies, is in the best structural and demographic shape to [...]
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The Sad Case of the Germans
The maiden Europa is engaged To the handsome genius ace Of freedom; lying down, arm in arm, They enjoy their first embrace. The marriage is valid, though no priest Has blessed it with holy waters. Long live the bridegroom and his bride And their future sons and daughters! – Heinrich Heine, Germany, [...]
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Handicapping the U.S. Midterms
In our primary scenario (55% probability), the GOP takes control of the House by a relatively small margin, with Democrats experiencing shifts in their own party that make defections to the GOP on important votes more likely. A second scenario (35% probability) has the Democrats retaining a thin majority in both chambers, again with a [...]
