Exports down but so are imports, indicating a weak global economy and continued euro support from trade net flows: Germany : Merchandise Trade German exports
Misrepresents what I say a bit, but they do have my picture next to JFK! 😉 The IMF: sovereign currency, no longer the monopoly of
[Skip to the end] Unwinding of yen borrowings/shorts is also an increase in what I call ‘savings desires’, and drives the trade gap out of
[Skip to the end] Highlights: Economy Shrinks Annualized 2.4% On Weak Domestic Demand Articles: Economy Shrinks Annualized 2.4% On Weak Domestic Demand (Nikkei)
[Skip to the end] from Dave: Japan core CPI last night came out at 1.9% as expected Petrol products were up +23.9% y/y Non fresh
(an email exchange) > >  On Mon, Apr 21, 2008 at 9:55 AM, Russell wrote: > >  Fannie and Freddie now back 82% of all
US can learn from Japan’s crisis by Michiyo Nakamoto (Financial Times) The US should inject public funds into its financial system, which is undergoing a
The MOF would have bought USD long ago if Paulson hadn’t gone around branding any CB a ‘currency manipulator’ and an international outlaw. The USD
Major themes intact: weak economy higher prices Weakness: US demand soft but supported by exports. US export strength resulting from non resident ‘desires’ to reduce
Perspective by Steve Hanke US Mercantilist Machismo, China replaces Japan The United States has recorded a trade deficit in each year since 1975. That is