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Tag Archives: current account surplus

Too Much Money Chasing Too Many Goods?

Posted on July 20, 2005 by Edward Hugh

Business week has just popularised what was previously a minority sport: debating the ‘global savings glut’ issue. Steven Roach has already responded. Really with all this high-powered economics going on, I feel sorry for the ‘layman’, since it must be kind of hard to reach a conclusion about whether or not to buy a house, or whether to take a summer break or wipe the credit card debt instead.

The issues are pretty complex, but I think can be broken down into two main issues.
Continue reading →

Posted in A Fistful Of Euros, Economics and demography | Tagged Business, conference, current account, current account surplus, Economics and demography, Germany, manufacturing, productivity, surplus, USA

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