News
Financial Times | Dollar seen losing global reserve status
The US dollar will lose its status as the global reserve currency over the next 25 years, according to tha survey of central bank reserve managers who collectively control more than $8,000bn.
Econ Comments
Minyanville | Deflation Is Here: Retailing in a Data Economy
Part retailer, part psychological experiment, big box stores are a statement about size -- and that's exactly what consumers now fear and despise.
Minyanville | The Euro Is Dying
Time is of the essence, and the only ways out are via some combination of devaluation, default, and resolution of problem banks.
Blogs
Heritage Foundation | Chinese Currency Manipulation: Lies and Statistics
There’s a very old political rule getting a new twist in the House of Representatives right now: When your policies fail, blame someone else. The new twist is: When unemployment is above the level you said would be a catastrophe, and you’re on the road to bankrupting the country in the meantime, start talking about Chinese currency.