Comments on: The end of Bretton Woods 2? http://blogs.cfr.org/setser/2008/10/21/the-end-of-bretton-woods-2/ Thu, 14 Oct 2010 13:09:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Zombies in Bretton Woods (2) | Icliks Incoming http://blogs.cfr.org/setser/2008/10/21/the-end-of-bretton-woods-2/#comment-135601 Zombies in Bretton Woods (2) | Icliks Incoming Tue, 12 Oct 2010 03:04:27 +0000 http://blogs.cfr.org/setser/?p=3906#comment-135601 [...] The inability of global leaders to address global current account imbalances now truly threatens global financial stability, (and) the dollar has not depreciated to a degree commensurate with the financial crisis. … The Bretton Woods 2 system – where China and then the oil-exporters provided (subsidized) financing to the US to sustain their exports – will come close to ending….” (Brad Setser) [...] [...] The inability of global leaders to address global current account imbalances now truly threatens global financial stability, (and) the dollar has not depreciated to a degree commensurate with the financial crisis. … The Bretton Woods 2 system – where China and then the oil-exporters provided (subsidized) financing to the US to sustain their exports – will come close to ending….” (Brad Setser) [...]

]]> By: The Final End of Bretton Woods 2? http://blogs.cfr.org/setser/2008/10/21/the-end-of-bretton-woods-2/#comment-135597 The Final End of Bretton Woods 2? Mon, 11 Oct 2010 13:14:55 +0000 http://blogs.cfr.org/setser/?p=3906#comment-135597 [...] course, the end of Bretton Woods 2 has been long prophesied.  Back in October 2008, Brad Setser foresaw its imminent demise: I increasingly suspect that the combination of falling oil prices and falling demand for imported [...] [...] course, the end of Bretton Woods 2 has been long prophesied.  Back in October 2008, Brad Setser foresaw its imminent demise: I increasingly suspect that the combination of falling oil prices and falling demand for imported [...]

]]> By: Mortgage Broker London http://blogs.cfr.org/setser/2008/10/21/the-end-of-bretton-woods-2/#comment-135267 Mortgage Broker London Wed, 23 Jun 2010 10:51:21 +0000 http://blogs.cfr.org/setser/?p=3906#comment-135267 What about the implications of a more sustainable future? Surely this would unbalance the system even more. Those in charge of trade and the economy will have to find a new money making game to play. What about the implications of a more sustainable future? Surely this would unbalance the system even more. Those in charge of trade and the economy will have to find a new money making game to play.

]]> By: The Future of the Dollar :: ASPO-USA: Association for the Study of Peak Oil and Gas http://blogs.cfr.org/setser/2008/10/21/the-end-of-bretton-woods-2/#comment-134536 The Future of the Dollar :: ASPO-USA: Association for the Study of Peak Oil and Gas Thu, 08 Oct 2009 17:31:53 +0000 http://blogs.cfr.org/setser/?p=3906#comment-134536 [...] Such a crazy economic arrangement must collapse sooner or later. In October, 2008, Brad Setser provided an example of how things work in The end of Bretton Woods 2? [...] [...] Such a crazy economic arrangement must collapse sooner or later. In October, 2008, Brad Setser provided an example of how things work in The end of Bretton Woods 2? [...]

]]> By: Random Thoughts on Financial Reform « Random Musings of a Deranged Mind http://blogs.cfr.org/setser/2008/10/21/the-end-of-bretton-woods-2/#comment-132241 Random Thoughts on Financial Reform « Random Musings of a Deranged Mind Fri, 19 Jun 2009 22:18:47 +0000 http://blogs.cfr.org/setser/?p=3906#comment-132241 [...] us).  This includes energy independence.  This would eliminate the foreign capital imports that helped finance the current [...] [...] us).  This includes energy independence.  This would eliminate the foreign capital imports that helped finance the current [...]

]]> By: Random Links XX « Random Musings of a Deranged Mind http://blogs.cfr.org/setser/2008/10/21/the-end-of-bretton-woods-2/#comment-128698 Random Links XX « Random Musings of a Deranged Mind Sat, 04 Apr 2009 02:31:59 +0000 http://blogs.cfr.org/setser/?p=3906#comment-128698 [...] http://blogs.cfr.org/setser/2008/10/21/the-end-of-bretton-woods-2/ [...] [...] http://blogs.cfr.org/setser/2008/10/21/the-end-of-bretton-woods-2/ [...]

]]> By: Michael http://blogs.cfr.org/setser/2008/10/21/the-end-of-bretton-woods-2/#comment-125584 Michael Wed, 18 Feb 2009 00:20:15 +0000 http://blogs.cfr.org/setser/?p=3906#comment-125584 BW2 may be dying, but the Treasury and Fed are basing their policies and practices on the assumption that it will continue forever; similarly, the White House and Congress are basing their policies and practices (rhetoric aside) on the assumption that Federal debt does not have to be repaid, and in fact can increase indefinitely. This reminds one of the assumptions that underlay the policies and practices of the financial industry over the last ten years. The implications of BW2 and/or the Permanent Debt paradigms completely disintegrating (like the Cheap Credit/Maximum Leverage paradigms have done) should make these the top priorities of the U.S. Government. Instead, we may be hearing (again) down the road "No one could have predicted this would happen." BW2 may be dying, but the Treasury and Fed are basing their policies and practices on the assumption that it will continue forever; similarly, the White House and Congress are basing their policies and practices (rhetoric aside) on the assumption that Federal debt does not have to be repaid, and in fact can increase indefinitely. This reminds one of the assumptions that underlay the policies and practices of the financial industry over the last ten years. The implications of BW2 and/or the Permanent Debt paradigms completely disintegrating (like the Cheap Credit/Maximum Leverage paradigms have done) should make these the top priorities of the U.S. Government. Instead, we may be hearing (again) down the road “No one could have predicted this would happen.”

]]> By: beliebteste mac spielcasino http://blogs.cfr.org/setser/2008/10/21/the-end-of-bretton-woods-2/#comment-122931 beliebteste mac spielcasino Fri, 23 Jan 2009 00:35:17 +0000 http://blogs.cfr.org/setser/?p=3906#comment-122931 <strong>beliebteste mac spielcasino...</strong> Hanoverizes.Narragansett?banquetings pinwheel Hanover chagrin ... beliebteste mac spielcasino…

Hanoverizes.Narragansett?banquetings pinwheel Hanover chagrin …

]]> By: News and Links for Tuesday … ‘Pouring Water… | Money and Markets Blogs http://blogs.cfr.org/setser/2008/10/21/the-end-of-bretton-woods-2/#comment-121939 News and Links for Tuesday … ‘Pouring Water… | Money and Markets Blogs Fri, 09 Jan 2009 16:48:24 +0000 http://blogs.cfr.org/setser/?p=3906#comment-121939 [...] Brad Setzer is scaring the bejeezus out of me. He thinks we may be heading for the end of Bretton Woods 2. That, in case you don’t know, is the global financial accord that set up the US and US [...] [...] Brad Setzer is scaring the bejeezus out of me. He thinks we may be heading for the end of Bretton Woods 2. That, in case you don’t know, is the global financial accord that set up the US and US [...]

]]> By: News and Links for Tuesday … ‘Pouring Water… http://blogs.cfr.org/setser/2008/10/21/the-end-of-bretton-woods-2/#comment-121756 News and Links for Tuesday … ‘Pouring Water… Wed, 07 Jan 2009 22:25:18 +0000 http://blogs.cfr.org/setser/?p=3906#comment-121756 [...] Brad Setzer is scaring the bejeezus out of me. He thinks we may be heading for the end of Bretton Woods 2. That, in case you don’t know, is the global financial accord that set up the US and US [...] [...] Brad Setzer is scaring the bejeezus out of me. He thinks we may be heading for the end of Bretton Woods 2. That, in case you don’t know, is the global financial accord that set up the US and US [...]

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