tag:blogger.com,1999:blog-24016165.post7892383948082223201..comments2023-08-23T16:00:00.292+01:00Comments on PPP Lusofonia: Metals boom reflected in financial crisisPPP Lusofoniahttp://www.blogger.com/profile/13027335388583446474noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-24016165.post-11385368732059872582012-05-01T09:34:09.133+01:002012-05-01T09:34:09.133+01:00...and the leg bone is connected to knee bone...
Y......and the leg bone is connected to knee bone...<br />Yes, current account balances are inter-linked, since no one is exporting to Mars, yet, as famously said in an earlier Economist article. <br />Diverging large CAB surpluses and large CAB deficits are both unsustainable, and require commercial banks to recycle the surplus "petrodollars", lending from the net exporting countries to Shock it to mehttp://www.oilism.com/oil/2007/12/15/crude-oil-price-history-1950-2008/noreply@blogger.comtag:blogger.com,1999:blog-24016165.post-9166414381527663222012-04-28T16:41:00.231+01:002012-04-28T16:41:00.231+01:00China's current account surplus peaked at over...China's current account surplus peaked at over +10% of GDBP in 2007,offering firm proof that the yuan was undervalued.<br /><br />China's currency is 30% stronger now in real trade weighted terms than in 2005. <br /><br />The country's CAB surplus fell to 2,8% of GDP in 2011.PPP Lusofonianoreply@blogger.com