America`s Scary Deficit” - ppt download

How big is the US CA deficit? $805 billion in 2005 For comparison, Spain: $86 UK: $58 In percent terms, this is about 6% of US GDP 2.5% of UK GDP 9% of Spain`s GDP Thailand, Mexico, et al had 7+% prior to crises
Try to read the two papers by Setser/Roubini and Levey/Brown. A Japanese version of the notes of notes available too (no Japanese version of this PPT however. Sorry.)

America`s Scary Deficit” - ppt download

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