Bad news for Trump one year out from next election and US leading the world into a big slowdown. Trade war so far must be knocking off 1%pa from global GDP, or USD1 trillion per annum, of which 20% is USA share of production and jobs. Of course just ...

US and China make no progress on key trade issues in two days of deputy-level talks, sources...

The WH view is that a country should look out for itself only. This is US leadership. The UN needs reforming within a context of key principles and fresh commitments to good governance relevant to the realities of 2019 and onwards. The losers in WW2 ...

Guterres warns U.N. may not have enough money to pay staff next month

Thanks, Aussie, sorry I missed this. Can you show me where I said the EU system was so good? The US is reaching the best results in 40 years - this is sheer delusion, mate. I like to communicate which means transmitting, understanding a response and ...

The Threat to Limit Capital Flows to China and Pending Impeachment Conflict: Next Logical...

1) The fiscal deficit is enormous for this stage of the cycle. 2) The risk of deflation is very high and central banks don't want to experience deflation, ever. 3) Saying that everything in the garden is rosy is music to the WH but not to ...

Boston Fed President talks rate cuts and economic outlook

Wow, only 4 years ago! Seriously, I agree. But its a big powerful US firm so I have to be so careful.

Goldman Sachs advises buying pound vs. dollar, sees low odds of no-deal Brexit

Now what's your opinion? Thanks for comment but I don't get a clear message at all.

Fed Listens: Perspectives on Maximum Employment and Price Stability

No country wants a dysfunctional government and your description anyway is far from the truth. Yes, there are checks and balances but not in favour of the state governments. The three pillars are the Congress, the Executive (president), and the ...

It is time for us to get out of these Endless Wars and bring our soldiers home

Economics recognizes all of these points in texts I started reading over 40 years ago. The subject has an objective and normative branch - Ch 1. What is shameful is that even many lessons we can all agree upon are unheeded. That's where the waste is.

Why the Government Can't Measure Income, Happiness, or Well-Being

US government is dysfunctional. Nothing gets done while one side will not talk with the other. The Tea Party, now strangely silent, kicked the process off. So Americans cannot agree on really important issues for America. Closed minds more of an ...

It is time for us to get out of these Endless Wars and bring our soldiers home

Its clear that FF processes are difficult to make black and white and I doubt any case for bias in screening would be strong but I think that it should be subject to this sort of scrutiny. I have had a few posts screened out but in the context of ...

UK Johnson: to seek supreme court ruling on no-deal Brexit - Daily Telegraph

These data are no longer relevant. USA cannot now avoid a slowdown going into next election and US politics now extremely negative. Who would want to live there? One half are criminals, the other half merely crooks. And that's only the leaders! Come ...

U.S. jobs growth rises moderately; unemployment rate falls to 3.5%

This is a rare treat. The EU is claiming to be a Super Power with unusually strong credentials to match China and USA. Its reforms internally are impressive but so badly needed from archaic levels that if needs to be patient. And EU is still ...

The Crisis of Central-Bank Governance

An open mind is good. I watched Don Rickles last nite and wondered will we ever see the like again in good ol USA.

Fed's Rosengren: Monetary policy is currently accommodative

Shiller is comfortably off. US fiscal deficit is enormous for an economy nearly over full employment. A Nobel Prize winner might mention that. Especially for a country with a financial crisis as yet still an open case.

Nobel-winning economist Robert Shiller says the nation’s jobs picture is not as bright as it...

Put it in words mate. FED has opinions maybe we should read.

Fed Listens: Perspectives on Maximum Employment and Price Stability

Is there an opinion here? Deep research. Shallow communication.

Who Can Influence the ECB?

What did he say?

October 4 FX Commentary: Todd Colvin

Extremely interesting climax emerging. Either EU agrees to negotiate (odds 200 to 1) or UK Govt proceeds with 'illegal' threat of crossed arms (odds 1 to 2). If you fancy a bet best wishes. I'm sitting this one out.

EU rejects UK's request for weekend talks as Johnson insists on no Brexit delay

Unclear and untrue if I am right in guessing your meaning.

Euro area private sector close to stagnation in September

It's now a trade world of 3 Super Powers writing their own rules and the smaller countries left with crumbs. We were on a path to growth and prosperity under WTO but greed and power now have the upper hand - for now.

French FinMin Le Maire: If US Rejects The Hand We Have Extended In Airbus Trade Dispute We Are...