international

The foreign policy challenges facing the new Obama Administration have mounted significantly in recent days. On the back of civil unrest and trade sanctions in Mexico, a destabilizing power struggle in Pakistan, the latest news to hit in…

Marshall Auerback here. Here is my take on Chinese Premier Wen's recent statements. At the end of the day, too many people seem to be working on an old gold standard type of model in the sense that there are implied limits in terms of…

Relying on the kindness of strangers is not a very good way to ensure one's fate. However, this is certainly what the United States has been doing in running about a mountainous current account deficit. America's largest creditor is now…

I give Obama high marks for much of what he has accomplished in such a short span and the tone he has set. However, on the economic policy front, there have been lapses. This video suggests there have been many. Related article…

After Europe emerged from the worst war in human history, its cities lay in ruins. Its economy was in tatters. It was in this environment that an Iron Curtain fell over Europe dividing it into east and west, separating Europeans from each…

Fellow econblogger Michael Panzner of Financial Armageddon was on Bloomberg TV and radio today telling folks what all of this credit crisis, bear market, nationalization stuff really means for globalization, the U.S. and stocks.  He…

The results of my poll are back and  according to readers we are clearly in Depression.  A plurality of you voted for depression with a small 'd,' edging out those who see Depression with a Big  'D.' I agree with this assessment as I…

Overnight, the Japanese government released figures for Q4 2008 GDP that pointed to a depression-like fall in the Japanese economy. GDP contracted 3.3% from Q3, or 12.7% using the U.S. convention of annualizing those numbers. This is the…

The man who recently uttered the D-word about the global economy tells all to Charlie Rose.  The video is from this past Friday.

On February 6th, I started a poll asking whether the global economy was experiencing a recession or a depression. In the interim, I have tried to stay neutral on the issue. Now it is time to close out the poll. Below you can add your…