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Keyword: current account deficit

To Revalue or Not to Revalue – The Yuan Story (1/23/2010)

The Chinese yuan may be under-valued against the US dollar, but yuan revaluation is unlikely to substantially reduce US trade deficit with China.

Keywords: current account deficit, current account surplus, dollar, foreign exchange, revaluation, RMB, trade deficit, trade surplus, yuan

When a Vice Becomes a Virtue - Is The U.S. Saving Too Little? (6/29/1999)

Low saving rate in the US has kept the weak global economy afloat by putting foreign capital to more productive use.

Keywords: current account deficit, debt, disposable income, flow, investment, net worth, saving, stock, wealth effect