Keyword: trade deficit
Dividing the Pie (5/13/2010)
Over-extended American consumers provided the ultimate market for consumer goods exported from low-wage countries that are willing to sell on credit.
Farming the Wind (1/23/2010)
China is tapping US economic stimulus fund to build wind farms in the US.
Injections and Leakages - Planned vs Realized (1/3/2013)
An open economy allows for more varied interplays between planned vs actual leakages and injections among countries.
Is China on a 'Gold Standard'? (2/24/2012)
Domestic inflation in China as well as yuan appreciation have boosted the prices of Chinese imports to the US.
Sinking Dollar (1/21/2010)
The US dollar has been losing its value as an international reserve currency due to its persistent trade deficits.
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.
Trade Deficits (transcript) (11/18/2010)
Trade deficits fund budget deficits and excessive consumption.