Future of Keynesianism

Dennis R Redmond dredmond at OREGON.UOREGON.EDU
Thu Jun 25 16:21:22 PDT 1998


On Thu, 25 Jun 1998, Mark Jones wrote:


> The Japanese surplus was $97bn. The total EU surplus was $124 bn. Thus the
> anglo-saxon deficits ($191bn) more or less match the EU/Japanese surplus
> ($221bn). Most of the Asian ex-tigers showed deficits.

Aren't the Eastern Europe countries also running huge deficits with the EU? Come to think of it, their currencies haven't been looking so hot recently, either. One, two, many bubbles...

-- Dennis



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