Keyword: net worth
Bubble Saving (6/17/2010)
The US has been spending more than it earns and has to borrow from abroad to fund its real investment.
Keywords: capital depreciation allowances, debt, disposable income, dissaving, foreign capital, investment, net worth, Saving, trade surplus
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