Sentences with phrase «side of our trade deficit»
Note again the role played by excess savings, which, as I've stressed, are the flip side of our trade deficit.
http://jaredbernsteinblog.com/
A compelling answer, offered in this long essay by Michael Pettis or this distillation by Matthew Klein, involves the other side of the trade deficit, i.e., the capital account surplus.
Not exact matches
On the corporate side, the disappointing manufacturing PMI number has to be considered alongside a much better reading for services, while the US trade deficit narrowed sharply in September due to a rebound in foreign countries» demand for American goods in spite of a strong US dollar.