A tidal wave of repos and the best carry trade ever
European and Japanese investors fueling the liquidity crunch in the US.
Blog
Germany: The industrial machine
German has quietly produced the second largest trade balance in the world.
An empire in decline
The fading economic power of the US and its implications for the global economy.
The rise of China
China’s rapid economic development and impact on the global economy.
The long business cycle and what it means for the current economic downturn
The functioning of the long business cycle and how recessions are inherent to capitalism.