Amid all the relief (see here and — kind of — here) over the improvement in the U.S. net international investment position (NIIP) despite the record current account deficit, the trend in one ratio was unremarked upon — namely the ratio of U.S. Government securities held by non-residents, divided by GDP.
Category Archives: deficits
A Budgetary Counterfactual
What if we had not cut taxes for the richest and increased discretionary spending faster than the rate of inflation?
Measuring the import component of U.S. exports
In order to export in a competitive market, we need to import
Some Iraq cost metrics on a one year anniversary
Evaluating the costs one year after Cheney’s prediction of “the last throes …of the insurgency”
The 2006q1 Current Account figures
Upside surprises. Will they continue?
April 2006 Trade Balance Figures
Where the ex. oil trade balance is going, and what trade prices are doing.
Learning (or non-learning) from the Classical Age
Or, what if George W. Bush had lived in 480 BCE; would we all be speaking Persian?
Does a new economic team mean a new economic policy?
Henry Paulson has been nominated to the position of Secretary of Treasury. Will it matter?
Gambling on Trade
In 2001, the Bush Administration set in motion the machinery to impose tariffs on steel imports. The purported reason was to secure fast track (trade negotiating) authority. How does that gamble look five years later?
Exchange rate pass through and dollar decline
Is there a direct relationship running from a change in the dollar’s value and import and export prices and thence to consumer prices?