"Finally, the financial markets stayed calm despite the further massive and unexpected deterioration of US current account balance during 2005"
Hmmm.... Wonder how long before someone cries "wolf"!
Dumbledork's Believe it or not!
“Although the US external deficit exceeded forecast by $100Bn in 2005, the dollar appreciated in real effective terms during the year”
From BIS annual report 2006
:) Falkor
Hmmm.... Wonder how long before someone cries "wolf"!
Dumbledork's Believe it or not!
“Although the US external deficit exceeded forecast by $100Bn in 2005, the dollar appreciated in real effective terms during the year”
From BIS annual report 2006
:) Falkor
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