current account deficit

Sino-US trade spats affect world

Dealing with trade friction between China and the United States in a proper way is not only vital to both countries' economic interests but will also have an impact on globalization. ...

The aging and the younging of America from a Chinese perspective

In previous postings I have suggested that the preference for and preponderance of Ibero-American migrants to USofA should not bother Chinese much because we are in the minority. It is within the...

Death and Resurrection of the US Dollar[url]whole thing

Getting the Job Do Last January, US President George W. Bush began his second term in office by declaring foreign policy objectives with clear imperial overtones that seem to promise increasing...

Weakening of dollar will slow down US economy. Comment please.

The dollar has weakened not only against the rupee but against many other currencies. The IMF says the growth rate of the US economy would slow down from 3.3 per cent in 2006 to 2.2 per cent in...

What are the chances that the U.S. will default on its foreign obligations?

I think the chances that U.S. will default on their debt is 90%, because of their budget deficit, current account deficit, afghan wars, and 85% debt to gdp ratio.

Rejoice! The 2006 current account to GDP ratio has been revised up by 0.3 percentage points

There's a temptation to view the upward revision to the current account balance, and the components thereof, as yet more evidence that the US external situation is in better shape than commonly...