Archive for the ‘current account’ Category:

The Pound’s Not Sinking, The Yen’s Not Keeping Up…

{ Posted on Dec 31 2010 by Ken Houghton }
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Categories : All, Angry Bear, blogs, current account, Economics, European Union
Spent the past few minutes reading Alea. jck notes that, over the past five years, the Pound has grown in importance at the expense of the yen and that the Euro has done the same against the dollar.If this ...Read More »

Who’s saving where? An application of the 3 Sector Financial Balances Map

{ Posted on Oct 11 2010 by Rebecca Wilder }
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Categories : All, Angry Bear, budget deficits, current account, deficit hawks, global economies
Dean Baker finds gaping holes in deficit hawk rhetoric using the simple accounting identity that national saving must equal the current account (S-I = CA). If the domestic private-sector's desire to save is positive, then the only way for the ...Read More »