The exchange rates between the USD and other currencies can fluctuate wildly. The yen dropped a lot in 2022 and then again in 2023 against the USD. So the value of yen-denominated assets held by central banks (other than the Bank of Japan) would have declined wh...
Finally, the fifth way would also cause the U.S. trade deficit to decline in ways that would likely either reduce U.S. unemployment or reduce U.S. debt; but this would come at the expense of causing the Chinese trade surplus to decline in ways that would either increase Chinese unemploym...
US 10 Year Note Bond Yield was 4.51 percent on Tuesday December 31, according to over-the-counter interbank yield quotes for this government bond maturity. US 10 Year Treasury Bond Note Yield - values, historical data, forecasts and news - updated on Dec
Again, deficit spending aren’t unnecessary. It’s the exact opposite, deficit spending is what allows the private sector to accumulate US dollars. This doesn’t mean deficits do not matter. They absolutely do matter – in the US today, deficit spending is mostly benefiting the top 10%, who...
etc.). The latest liquidity cycle was probably caused by the recycling of the large and growing US trade deficit, which can be seen as a machine that has converted US consumption into Asian savings – at first primarily Japanese and later primarily by Chinese. The decline in US savings begin...
The total appropriation for the wars in Iraq and Afghanistan is approximately $150B per year. The deficit stands now at $1,700B. Ending these operations would reduce the deficit by ~8.8%. This is not the only reason we have a debt issue. So, on top of the 1.3 trillion dollars from ...
A cumulative deficit of, say, 500 or 2,000 hours that a student otherwise would have spent cooking as an undergraduate on account of admonishments to take meals from institutional food services in the interests of efficiency and productivity will probably have an adverse effect on cooking ability...
Pakistan’s oil and gas production has continued to drop due to depletion of existing reserves while exploration firms have frequently failed to find large hydrocarbon deposits to bridge the deficit for over a decade. Topline Research recently reported that Pakistan’s oil production fell 6% year-...
In the May report, the December 2022 deficit was 0.88 Mb/d. In the June report it has been reduced to 0.468 Mb/d. 2) Drilling Productivity Report The Drilling Productivity Report (DPR) uses recent data on the total number of drilling rigs in operation along with estimates of drilling prod...
Africa, Australia, Canada, and New Zealand. Elementary economics teaches that when a country's currency depreciates, that country's trade deficit will gradually diminish. Yet, despite a two year slide in the Dollar, there has so far been no decline in the US trade deficit. Why the ...