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What's Happening With the Global Economy? (with Cardiff Garcia)
Some charts to accompany an interview I did with the team at The New Bazaar, covering everything from U.S. household saving to the world's wheat supply.
Matthew C. Klein
9 hr ago
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What's Happening With the Global Economy? (with Cardiff Garcia)
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"Covid Zero" is Crushing China
Production and consumption both cratered in April. The impact on the rest of the world is uncertain.
Matthew C. Klein
May 20
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"Covid Zero" is Crushing China
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Russia Is Losing Access to Imports
Comprehensive data from March show that the Russian economy is being denied access to critical manufactured goods. The initial numbers for April suggest…
Matthew C. Klein
May 16
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Russia Is Losing Access to Imports
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U.S. Inflation is Getting Worse (and Better?)
Many price increases, particularly for manufactured goods, seem to be moderating or reversing. But persistent inflation in the prices of select…
Matthew C. Klein
May 12
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U.S. Inflation is Getting Worse (and Better?)
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Thoughts on DISORDER by Helen Thompson
I reviewed an ambitious, but frustrating, new history for Foreign Policy magazine.
Matthew C. Klein
May 10
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Thoughts on DISORDER by Helen Thompson
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How Worrying is the Q1 GDP Decline?
Getting into the guts of net exports, the statistical discrepancy, and more.
Matthew C. Klein
May 5
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How Worrying is the Q1 GDP Decline?
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Russia Sanctions Update: Germany, Japan, Switzerland, Thailand, and Malaysia
The Putin regime is feeling the squeeze.
Matthew C. Klein
Apr 28
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Russia Sanctions Update: Germany, Japan, Switzerland, Thailand, and Malaysia
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Korean Exports to Russia Have Collapsed
More evidence on the impact of the sanctions so far.
Matthew C. Klein
Apr 25
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Korean Exports to Russia Have Collapsed
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The Sanctions Are Already Working
The immediate goal is to prevent the Russian army from resupplying its forces. Look for a sharp drop in exports to Russia from the major manufacturing…
Matthew C. Klein
Apr 22
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The Sanctions Are Already Working
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Covid-flation Meets Putin-flation
Domestically-generated U.S. inflation was slowing down in March. But the good news was offset by Russia-related shortages of energy and food. Lockdowns…
Matthew C. Klein
Apr 13
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Covid-flation Meets Putin-flation
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Last Looks at the Pre-War World (4): U.S. Incomes Were Outpacing Inflation
Rising prices for goods and services weren't so bad that they limited real consumer spending or household saving.
Matthew C. Klein
Apr 7
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Last Looks at the Pre-War World (4): U.S. Incomes Were Outpacing Inflation
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Last Looks at the Pre-War World (3): The Return of "Exorbitant Privilege"?
Americans financed large trade deficits as well as large net purchases of valuable foreign investments in 2021 by printing money and by issuing…
Matthew C. Klein
Mar 29
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Last Looks at the Pre-War World (3): The Return of "Exorbitant Privilege"?
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