Sentences with phrase «deficit trade imbalances»

In normal circumstances he believed in a balanced budget and maybe a bit of a surplus for bad times but what he believed was fatal to a nation was running deficit trade imbalances.

Not exact matches

«Due to the large U.S. trade deficit, it was clear that ethanol could be one of those products used to reduce the imbalance,» the diplomat said.

Chapman expects it will develop into a prolonged recession caused largely by the bursting of the housing bubble and the weakness in the dollar attributable to the United States» large federal budget deficit and international trade imbalance.

At the same time, the deficit in the country's current account — the imbalance in the trading of goods and services as well as the shortfall in all other cross-border payments from interest income and rents to dividends and profits on direct investments — underwent its fastest ever quarterly deterioration.

The trade deficit with China alone rose to $ 201.6 billion, the highest imbalance ever recorded with any country.

Without a large national project to regain competitiveness in the clean - tech sector, the United States will miss a major opportunity to grow our economy, correct our trade imbalance, and reduce our national deficit.

There is now broad consensus on how these imbalances - the huge gaps in trade deficits and surpluses, and the associated gaps in national savings, consumption, and investment rates - helped caused the housing bubble and the Great Recession.

This «global pool of money» wouldn't have existed without the U.S. running an enormous trade deficit, relying on imports and debt to support a high consumption rate - hence the global «imbalance» of high - saving versus high - consuming countries.