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Link to a podcast where @SteveMiran and myself discuss our new paper on Activist Treasury Issuance, ie how Treasury is actively “manipulating” the ratio of short vs long term debt issued to reduce long rates and ease financial conditions, a backdoor form of QE that undermines the
Annual wonky weekend in Montana with my great friends @ianbremmer and @elerianm
Wonky Montana weekend with my buddies @ianbremmer and @elerianm
Given this first round tentative results, as I predicted RN will achieve an absolute majority by the second round and will thus be able to run the more French government with Bardella as the new PM
Nouriel Roubini is Professor Emeritus (2021-present), Professor of Economics (1995-2021), Stern School of Business, New York University. He is also CEO of Roubini Macro Associates, LLC, a global macroeconomic consultancy firm in New York, as well as Co-Founder of Rosa & Roubini Associates based out of London. At a 2006 address to the International Monetary Fund, Roubini warned of the impending recession due to the credit and housing market bubble. His predictions of these upside-down balance sheets became a reality in 2008, with the bubble bursting and reverberating around the world into a global financial crisis – a recession we’re only recently rebounding from after a decade climb. READ MORE
Would the French Far Right Moderate Once in Power?
If National Rally were to secure an absolute majority in the French National Assembly, it could of course try to carry out its far-right vision of reckless fiscal expansion and anti-EU unilateralism. But if it is smart, it would offer a more disciplined fiscal-policy...
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