Kevin Hamlin Archive

IMF’s Lipsky Says Advanced-Nation Debt Risks Future Crisis as Yields Set to Rise

If any of you can forward this to John please do, thanks. We went through all this from way back in his Salomon Bros. days- he should know better. Comments below. Lipsky Says Advanced-Nation Debt Risks Future Crisis as Yields Set to Rise By Kevin Hamlin March 20 (Bloomberg) — The mounting ...Read More

China to keep buying Treasuries

[Skip to the end] Clever, those Chinese. Now they get to keep their currency down to support their exports while claiming they are acting altruistically to support Obama. Fortunately for us this keeps the imports flowing our way and supports our standard of living. I don’t think we did this by design, ...Read More

Re: China’s new loans rise by record on stimulus efforts

[Skip to the end] (email exchange) Yes, they use lending from their state owned banks as a fiscal adjustment, by lending with little concern about getting paid back. The question is how much is going to domestic demand and how much is going to subsidize exports. Probably mainly the latter. >    >   On ...Read More

China back pushing its exports and ignoring Paulson

[Skip to the end] Recession Opens U.S.-China Rift Paulson Talks Bridged By Kevin Hamlin and Mark Drajem Dec. 29 (Bloomberg) — The global recession is re-exposing fissures in U.S.-China relations that Treasury Secretary Henry Paulson spent more than two years smoothing over. Hoping Obama lets the world export their brains out to ...Read More