Tag Archives: current account deficit
Your Opportunities Moving Forward?
Posted on 21. Jan, 2010 by Chris Lang.
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There has been much written already about the global financial crisis.
But in layman's terms, it occurred as a result of capital imbalances occurring throughout the world. And nowhere more so, than in America.
The principal cause can be found with the high levels of US debt-funded consumption. And in order to better understand this distortion, you [...]
