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Robert J. Samuelson / Politics

A China Debt Crisis in 2014?

WASHINGTON -- Here's something to watch in 2014: China's debt. Although the odds of a full-blown financial crisis are slim, they're not non-existent. The flash point is the burgeoning debt of Chinese localities to finance major infrastructure -- ...

The Good News About 2014 (Maybe)

WASHINGTON -- For four and a half years, we have waited for a powerful and self-sustaining economic recovery. More than once it seemed imminent. Then, for various reasons, it vanished, and we returned to a plodding expansion with too much ...

Stats of the Year, 2013

WASHINGTON -- It's a journalistic ritual. At the end of the year, we do lists and rankings. There's the year's biggest news stories, the best photos, the most notable deaths, the best books, the funniest cartoons, the best (and worst) movies. Now,...

The Fed at 100: Frustration

WASHINGTON -- The Fed has turned 100. A century ago -- on Dec. 23, 1913 -- President Woodrow Wilson signed legislation establishing the Federal Reserve. Broadly speaking, it was charged with preventing financial crises and preserving prosperity. ...

Early Retirement, RIP?

WASHINGTON -- We may be witnessing the last gasp of early retirement -- not just in the United States but in many industrialized countries. Considering the high unemployment since the 2008 financial crisis, you might expect the opposite. Early ...