Some countries that are close to Europe that already hold Deutschemarks, clearly would automatically hold euros, those are countries in Eastern Europ….

So if the euro, if Euroland is to become a reserve center, if the euro is to become a reserve currency, Euroland will have to have a deficit in its o….

Sexuality is primarily a means of communicating with other people, a way of talking to them, of expressing our feelings about ourselves and them. It ….

Indeed, some kitsch seems to be flawed by its very perfection, its technical virtuosity and its precise execution, its explicit knowledge of the trad….

The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current….

Building trust means thinking about trust in a positive way..

In the United States, securities markets are much more developed than they are in Europe..

Back in those days, in the fifties and sixties, countries had balance of payment's deficits or surpluses, those were reflected much more than today i….

Many people are blind to trust, not so much to its benefits as to its nature and the practices that make it possible..

Trust is a skill, one that is an aspect of virtually all human practices, cultures, and relationships..

High-class kitsch may well be "perfect" in its form and and composition: the academic painters were often masters of their craft. Thus, the accusatio….

The prices of all imports would rise if the dollar depreciates..

True, trust necessarily carries with it uncertainties, but we must force ourselves to think about these uncertainties as possibilities and opportunit….

On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much mo….

Building trust begins with an appreciation and understanding of trust, but it also requires practice and practices..

If a currency is to become a growing, an increasing reserve currency, there has to be not only a demand for it there has to be a supply of it..

The trumped-up charges against kitsch and sentimentality should disturb us and make us suspicious..

High kitsch, whatever else may be said of it, cannot be openly dismissed as cheap..

The dollar is currently the principal reserve currency in the world..

There's a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven count….