Tags » Currency Manipulation

Making News: New Marketwatch Column on the Big TPP Loophole Even Critics are Ignoring

I’m pleased to announce that Marketwatch.com has just published a new article of mine on President Obama’s proposed Trans-Pacific Partnership trade deal.  It argues that the Pacific Rim agreement will be worse than useless for the United States unless it closes a loophole created by value-added tax (VAT) systems that are at least as protectionist as currency manipulation.   6 more words


Following Up: Podcast of Last Night's John Batchelor Show Debate on China's Economic Future

As promised, here’s the link to the podcast of my appearance last night on John Batchelor’s nationally syndicated radio show.  This segment was especially interesting, as John, co-host Gordon Chang, and I didn’t quite see eye-to-eye on whether China’s footprint on the world economy, and its impact on the United States’ future (including as “America’s banker”) are still growing or shrinking.   11 more words


Weak Exports Confirm We Were Right to Call for A Stimulus Package Last Year

ST report 18/03/2015

The latest figures for non-oil domestic exports were extremely weak and signal that GDP growth is likely to be weaker than the MAS’s projection for this year of 2-4%. 550 more words

The Market

Currency manipulation leads to unintended consequences

Switzerland’s decision to lift the cap on the franc’s value against the euro has had unexpected consequences – in the form of intercepted pizza deliveries…

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(What's Left of) Our Economy: Yellen Showing a Learning Curve on Trade?

Fed Chair Janet Yellen made some minor trade-related headlines (in the greater scheme of things) when she reportedly told the Senate Banking Committee that she opposed including enforceable disciplines on currency manipulation in trade agreements. 567 more words

{What's Left Of) Our Economy

Sectoral imbalances: Where have all the jobs gone?

Great post on Twitter from Naufal Sanaullah depicting US sectoral balances using UK economist Wynne Godley’s analytical framework. Click on the image to enlarge.


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US & Canada

Currency manipulation could kill Obama's big free trade deal

There weren’t many lines in President Obama’s State of the Union that Republicans applauded. But the GOP did get behind the President’s insistence that Congress countenance an expedited approval process for a free trade deal—called the Trans-Pacific Partnership (TPP)—his administration is negotiating with 12 other Pacific Ocean nations, including Australia, New Zealand, and Japan. 576 more words