Unsustainable …

Global imbalances were projected to stabilize in 2007 and 2008, but were still very large, he said. The United States deficit had increased to $860 billion at the end of 2006, and was expected to fall to $800 billion in 2007. That deficit was basically being financed by surpluses in the developing and oil exporting […]

Self-Doubt …

Sometimes I wonder if I am completely wrong, but then I come across something like this and I remember that things could be worse. Such work suggests that it is indeed possible to become completely detached from reality (of course, having motivation$ for such is another matter). And so for my threadbare tethers, I am […]

Enter the Jackals, Stage Right …

“Khaddam hired the good offices of Sandra Charles to lobby for him and obtain access for a high profile visit he’d like to make to Washington.Sandra Charles is on a substantial retainer with the Hariri family (from father to son) Her group has one of the more potent rollodexes in Washington, and she was amongst […]

The Americans … And Other Mysteries …

Readers of this blog know that I have serious doubts about the US ability to maintain its position in the Middle East and across the globe. While I usually explain this “management crisis” in the context of the “collapse” of the Soviet Union, it is important to remember that when it comes to public affairs, […]