tag:blogger.com,1999:blog-5713178645208582139.post7703728489244327890..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: Making the Right CallDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5713178645208582139.post-78896005667192505052009-05-06T22:47:00.000-05:002009-05-06T22:47:00.000-05:00Rebecca:
There is a google search engine for my b...Rebecca:<br /><br />There is a google search engine for my blog in the upper left-hand corner. Here is a link for the search that brought up excess reserves: http://macromarketmusings.blogspot.com/search?q=excess+reservesDavid Beckworthhttps://www.blogger.com/profile/04577612979801459194noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-35573019502982157502009-05-06T18:56:00.000-05:002009-05-06T18:56:00.000-05:00Hi David,
Will you put a search widget on your we...Hi David,<br /><br />Will you put a search widget on your website? I am looking for your post about the costs of the Fed paying interest on reserves and can't seem to find it on the web.<br /><br />Best, RebeccaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-21751131366230936272009-05-06T16:26:00.000-05:002009-05-06T16:26:00.000-05:00Hi David,
Just over the near term (perhaps a coup...Hi David,<br /><br />Just over the near term (perhaps a couple of years). The media (and others) make is sound like China is going to start dumping its US assets today. That is NOT what is going to happen - longer term, it will diversify. Isn't that basic portfolio management theory?<br /><br />To me, though, the US and China appear to be more interlinked than ever. China, with its cash flow overAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-5751075300227968922009-05-06T14:19:00.001-05:002009-05-06T14:19:00.001-05:00So what you are saying is that there really is no ...So what you are saying is that there really is no alternative place for China's investments to go thru 2010? I can buy that in the near term, but what about beyond 2010? <br /><br />BTW, thanks for your comments on the saving glut question.David Beckworthhttps://www.blogger.com/profile/04577612979801459194noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-41341920237475867672009-05-06T13:35:00.000-05:002009-05-06T13:35:00.000-05:00Hi David,
Global capital markets are shrinking. T...Hi David,<br /><br />Global capital markets are shrinking. The IMF shows that China will account for 49% of global capital exports by the year 2010 (measured by the forecasted CA surplus). Likewise, the U.S. will account for 40% of global capital imports (as measured by the forecasted CA deficit). It’s hard to believe that China will have much opportunity to diversify away from U.S.-dollar Anonymousnoreply@blogger.com