Fed Chair Ben Bernanke’s historic press conference, economic policy, high-speed rail and Boeing’s travails with the 787 were among topics on KUOW’s Weekday program today. The Seattle Times columnist and blogger Jon Talton and I batted these and other issues around for nearly 40 minutes with host Steve Scher. Here’s [continue reading . . . ]
Is the dollar’s long run as the global reserve currency coming to an end? It is if the Chinese have anything to say about it. China owns the globe’s largest store of dollar-denominated assets outside the U.S. Understandably, it wants to diversify. The world needs an “international reserve currency that [continue reading . . . ]
I’m nuts about newspapers. Always have been. I still crave the real thing, newsprint. Of the four newspapers that I read every day, I find the Financial Times by far the most interesting. It is full of commentary — on markets, especially on politics and economics. I never fail to [continue reading . . . ]
China’s one-child policy portends a shrinking work force, yet China will grow old before it grows rich. Here’s the relevant material from today’s New York Times: China’s rise has depended partly on a huge spurt in the number of workers as a percentage of the population. This surge has created a cheap, [continue reading . . . ]