Home » Posts tagged 'benn steil'

Tag Archives: benn steil

Olduvai
Click on image to purchase

Content

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

Chinese Debt Could Cause Emerging Markets to Implode

May 13, 2020

CHINESE DEBT COULD CAUSE EMERGING MARKETS TO IMPLODE The novel coronavirus has brought the world economy to a grinding halt. Global growth is set to fall from 2.9 percent last year into deep negative territory in 2020—the only year besides 2009 that this has happened since World War II. Recovery will likely be slow and […]

Continue Reading →

Did Russia Really Dump Its U.S. Debt?

August 22, 2018

DID RUSSIA REALLY DUMP ITS U.S. DEBT? Russia dumped 84% of its American debt,” blared a July CNN headline. Russian central-bank head Elvira Nabiullina said the sales were just part of “diversifying the entire structure of currencies.” But with the U.S. dollar accounting for two-thirds of global foreign-exchange reserves and most (non-intra-eurozone) international trade, dumping this much dollar debt […]

Continue Reading →

Benn Steil: The Fed Could be Tightening More Than it Realizes

November 21, 2017

BENN STEIL: THE FED COULD BE TIGHTENING MORE THAN IT REALIZES Ten years ago, before the collapse of Lehman Brothers rocked global financial markets, the Fed’s balance sheet stood at $925 billion—mostly U.S. Treasuries. After fifty-nine months of asset purchases to push down longer-term interest rates, it had ballooned to a peak of $4.5 trillion, […]

Continue Reading →

PBoC Spins China’s Bad-Loan Data

May 1, 2017

PBoC Spins China’s Bad-Loan Data In a recent speech at Bloomberg’s headquarters in New York, People’s Bank of China Deputy Governor Yi Gang reassured his audience on the level of non-performing loans (NPLs) in the Chinese banking sector.  It had, he said, “pretty much stabilized after a long period of climbing.  That’s a good development […]

Continue Reading →

Benn Steil: Why Is Paul Krugman Still Calling For Fiscal Stimulus?

April 4, 2016

BENN STEIL: WHY IS PAUL KRUGMAN STILL CALLING FOR FISCAL STIMULUS? Nobel economist and New York Times columnist Paul Krugman is fond of mocking his critics for being ideologues rather than economists. In contrast, Krugman’s own policy prescriptions, he assures us, are based wholly on soundeconomic science. Case in point is the theory of liquidity traps, which goes back […]

Continue Reading →

Benn Steil: Could China Have a Reserves Crisis?

February 16, 2016

BENN STEIL: COULD CHINA HAVE A RESERVES CRISIS? Last summer, U.S. lawmakers were condemning China for pushing down its currency, arguing that it was still “terribly undervalued.” But those days may be long gone.  Chinese and foreigners alike have been stampeding out of RMB, leaving the Chinese central bank struggling to keep its value up and prevent […]

Continue Reading →

Interview With Dr. Benn Steil, Director of International Economics at the Council on Foreign Relations

February 9, 2016

INTERVIEW WITH DR BENN STEIL, DIRECTOR OF INTERNATIONAL ECONOMICS AT THE COUNCIL ON FOREIGN RELATIONS Dr. Benn Steil is senior fellow and director of international economics at the Council on Foreign Relations in New York.  He is also the founding editor of International Finance, a top scholarly economics journal, and lead writer of the Council’s Geo-Graphics economics blog.  […]

Continue Reading →

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress