bg
Blogs

Follow the Money

Brad Setser tracks cross-border flows, with a bit of macroeconomics thrown in.

Latest Post

O Canada

I’m among the subset of economists who worries about the U.S. trade deficit. Read More

June 7, 2018

Germany
Merkel and Scholz Have Put the IMF in a Pickle Merkel and Scholz Have Put the IMF in a Pickle

Germany seems to have ruled out all the mechanisms for eurozone fiscal expansion that the IMF liked…

Read More

June 5, 2018

China
How Durable is China’s Rebalancing? How Durable is China’s Rebalancing?

I increasingly suspect my view on Chinese “rebalancing” is at odds with the current consensus (or perhaps just with a plurality of the investment bank analysts and financial journalists who watch China). In two significant ways.

Read More

June 4, 2018

United States
Trade Deals or Macroeconomic Shocks?

With ongoing euro uncertainty in Italy, financial turmoil in Argentina and Turkey, and potential fiscal risks to demand in Asia, does the Trump administration's focus on trade deals miss the larger macroeconomic picture? 

Read More