http://globaleconomy.foreignpolicyblogs.com Mon, 16 Nov 2009 05:07:46 +0000 http://backend.userland.com/rss092 en By David Einhorn (Wiley & Sons Publishing, 2008) Fooling Some of the People All of the Time  In 2002, David Einhorn, the fresh 32 year old President of Greenlight Capital – a New York based hedge fund and research company – gave a speech at a charity investment conference to benefit a ... http://globaleconomy.foreignpolicyblogs.com/2009/11/12/must-read-on-fooling-people-all-the-time/ [caption id="attachment_1831" align="aligncenter" width="383" caption="China leading global economy in recovery "][/caption] China’s industrial production and trade surplus posted robust double-digit gains in October, indicating a strengthening recovery in the world’s third-largest economy. China, unlike the U.S. and other western industrial nations, has managed well in the advance of the global economic ... http://globaleconomy.foreignpolicyblogs.com/2009/11/12/china-continues-robust-economic-strength/ [caption id="attachment_1828" align="aligncenter" width="284" caption="Asian corporate savings glut..??"][/caption] As the major Asian powers lead the path to global economic recovery, it is going to have to tackle two issues which have direct impact on U.S. economic foreign policy, and which are also constraining Asia's long-term growth potential.  Namely, (1) Asian firms that have strong net income ... http://globaleconomy.foreignpolicyblogs.com/2009/11/11/imf-tackles-asia%e2%80%99s-corporate-savings-mystery/ [caption id="attachment_1784" align="aligncenter" width="462" caption="'Too Big to Fail' is simply TOO BIG to exist!"][/caption] As I have been advocating for months now on my blog and in phones calls and letters to Congressional contacts, some of the Obama administration’s most resistant regulators and economists – such as Tim Geithner and Larry ... http://globaleconomy.foreignpolicyblogs.com/2009/10/31/obama-finally-endorses-stronger-tbtf-reforms/ [caption id="attachment_1809" align="aligncenter" width="473" caption="Ian Bremmer, Eurasia Group"][/caption] See Video Here.  Ian Bremmer, President of the Eurasia Group - a political risk advisory firm, is the creator of Wall Street's first-ever global political risk index. Bremmer is also a sought-after adviser on international risk management. He provides a ‘bird’s eye’ overview of the Obama foreign policy doctrine ... http://globaleconomy.foreignpolicyblogs.com/2009/10/30/the-global-economy-us-foreign-policy/ [caption id="attachment_1771" align="aligncenter" width="470" caption="Obama resisting Volcker counsel for stronger financial reform"][/caption] Listen to a top economist in the Obama administration describe Paul A. Volcker, the former Federal Reserve chairman who endorsed Mr. Obama early in his election campaign and who stood by his side during the financial crisis: “The guy’s ... http://globaleconomy.foreignpolicyblogs.com/2009/10/21/obama-top-economist-favors-stronger-reforms/ [caption id="attachment_1767" align="aligncenter" width="321" caption="Too Big To Fail: Insider the financial crisis"][/caption] Andrew Ross Sorkin is the New York Times’ chief M&A reporter and business columnist.  Sorkin is also the editor of DealBook, the NYT’s online daily financial report he started in 2001. In addition, Sorkin is an assistant editor of ... http://globaleconomy.foreignpolicyblogs.com/2009/10/20/must-read-list-too-big-to-fail/ [caption id="attachment_1753" align="aligncenter" width="468" caption="Emerging China: US tries taming the dragon"][/caption]   Americans' fear of China right now is palpable. We see danger in its products, in its vast reserves of our currency, in its growing military might, in its ravenous hunger for raw materials, and in its single-party state. With "Made ... http://globaleconomy.foreignpolicyblogs.com/2009/10/20/china-rising/ Visit msnbc.com for Breaking News, World News, and News about the Economy Making an appearance on MSNBC’s ‘Morning Meeting’ with Dylan Radigan this morning (see video below), former New York State Governor Eliot Spitzer made a scathing – and I believe altogether appropriate – criticism about the mild approach to financial ... http://globaleconomy.foreignpolicyblogs.com/2009/10/19/too-big-to-fail-white-house-doesnt-get-it/ [caption id="attachment_1723" align="aligncenter" width="327" caption="Washington: support the public welfare over Big Business lobby"][/caption] Really interesting editorial in today's New York Times that hits the mark with the threat that an un-check and powerful bank lobby poses to achieving much needed bank and financial industry reform to protect consumers against industry collusion, predatory and price-gauging practices, ... http://globaleconomy.foreignpolicyblogs.com/2009/10/18/washington-must-oppose-powerful-bank-lobby/