blogs.cfr.org - 5/25/2009
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The world’s sovereign wealth funds almost certainly have less money than is commonly thought. And China almost certainly has even more money than is commonly thought — or at least more money than is commonly reported.
That is the conclusion I have reached after spending a fair ...
antiquestocks.stores.yahoo.net - 5/27/2009
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antiquestocks.stores.yahoo.net —
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Links 5/25/09
naked capitalism —
Yosemite's giant trees disappear BBC Goods Orders, Home Sales in U.S. Probably Rose, Signaling Recession Waning Bloomberg, Reader Michael D saw the headline as an Orwell watch item. China stuck in ‘dollar trap’ Financial Times and The (almost) $2.5 trillionaire … Brad Setser A Fight to Protect Americans From British Libel Law New York Times US bonds sale faces market resistance Ambrose Evans-Pritchard, Telegraph Decline in Consumer Spending creating Dead Malls ...
Memorial Day links
The Mess That Greenspan Made —
... South Korean Stocks, Won Drop After North Tests Nuclear Weapon - Bloomberg • Europe stocks fall amid gloomy German survey, weak autos - MarketWatch • PetroChina buys 45.5% stake in Singapore Petroleum - MarketWatch • Bank of Japan says exports, production bottoming - MarketWatch • Thailand’s GDP Contracts as Exports, Spending Slump - Bloomberg • G8 energy leaders urge stable oil prices - CNN/Money • The (almost) $2.5 trillionaire … - Setser, CFR • China stuck in ‘dollar trap’ - Financial Times ...
links for 2009-05-26
J. Bradford DeLong's Grasping Reality with All Eight Tentacles —
... Calculated Risk: Fed Vice Chairman Kohn on Economy
Brad Setser: Follow the Money » Blog Archive » The (almost) $2.5 trillionaire … ...
Tuesday links: hedge fund masters
Abnormal Returns —
... “China’s foreign assets went from around $500 billion in 2003 to around $2.5 trillion in 2008. That is a stunning increase.” (Brad Setser) ...
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How to Become a Trillionaire
gregmankiw.blogspot.com 1/17/2009 — Move to a hyperinflating country: Zimbabwe is introducing a Z$100 trillion note, currently worth about US$30 .
The US March trade data …
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I have accepted a new job, one that will require a certain level of discretion. I am excited by its challenges: ‘Balanced and sustainable” growth is something that I believe in. ...
Reserve managers keep buying Treasuries …
blogs.cfr.org 4/18/2009 — Chinese reserve growth has slowed. Russia’s reserves are down in the first quarter (though most of the fall was in January). Saudi foreign assets fell in January and February.
Most emerging economies — including some that thought they had ...
SAFE, state capitalist?
blogs.cfr.org 7/22/2009 — One of the questions raised by the expansion of sovereign wealth funds – back when sovereign funds were growing rapidly on the back of high oil prices and Asian countries’ increased willingness to take risks with the reserves – was whether sovereign ...
Big changes, but not much adjustment: China’s March trade data
blogs.cfr.org 4/10/2009 — The Wall Street Journal puts a positive gloss on China’s March trade data than I would. To me the overarching story is simple: the data paint a story of deep distress in both the Chinese and global economy.
China’s exports were growing ...
Not putting your money where your mouth is
blogs.cfr.org 5/14/2009 — In March, China’s premier expressed concern about the safety of China’s (large) investment in the US, including China’s investment in Treasuries. China’s citizens have realized — rather belatedly — the risks ...
China reduced its dollar holdings in February
blogs.cfr.org 4/16/2009 — It is a good thing the US trade deficit has come down, because foreign demand for US financial assets — actually foreign demand for US assets other than short-term Treasury bills — has dried up.
Foreign investors bought $68 billion of ...