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#Deficit
Michael Pettis
michaelxpettis
On Friday the State Administration of Foreign Exchange released the balance of payments data for the first half of 2019. As the summary table below indicates, China’s trade surplus will
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Emma McIntosh
EmmaMci
Alberta Premier Jason Kenney and his energy + environment ministers now announcing some moves to support the province's energy sector and economy. I'm listening in. Stay tuned. #ableg #cdnpoli Here
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Stephanie Kelton
StephanieKelton
I promise to stop when the battle is won. Until then, here’s another attempt to improve understanding and shift our broken thinking about government “deficits.”THREAD First, the word deficit. It’s
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Budget Babe
znsuzara
Because I have a lot of time today, let’s set a few things straight about the 3.6% estimated deficit mentioned in this article. Read this thread if you want to
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Sabyasachi Kar
Sabya_K
Thread: Does Covid-19 crisis need Modern Monetary Theory (MMT) approach?It has now become clear that the Indian govt. will run a large fiscal deficit in 20-21. For funding this, some
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Trinh
Trinhnomics
Something to pay attention to: US current account deficits are narrowing. Right before the Great Financial Crisis (GFC), US spending was way above its means w/ it peaking at -6%
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D Matthew Stewart
dmatthewstewart
By the way, the unemployment numbers have a good chance to be locked in long term. That’s what happens with govt “stimulus”. It stimulates unemployment. Source: @dbongino https://bongino.com/did-obamas-stimulus-work/ https://twitter.com/PeterSchiff/s
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Steven Hail
StevenHailAus
Sauk Eslake, on the radio this morning, for the most part provided a good commentary on the upcoming budget. Spoiled by two things, each of which are reflex actions of
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Rob Roberts MP
RobDelyn
1/9 When coming to power in 2010, the @Conservatives (along with the LibDems at the time) has to deal with an annual budget #deficit of £153,000,000,000. A hundred and fifty
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Arwyn
Anianegwr
A commonly used belittlement against #indyWales supporters is that "they think independence will solve everything."Here's what I think what it will solve ... 1. The democratic deficit.Wales will get the
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Arwyn
Anianegwr
1. For those wondering about this whole "England subsidises Wales" rubbish doing the rounds recently ... a thread 2. There is a deficit attributed between government spending and revenues in
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Claire Connelly
_ClaireConnelly
While ScoMo's spouting his whole living within our means schtick here's something I wrote four years ago about why this whole narrative is incredibly destructive to the economy and to
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Michael Pettis
michaelxpettis
1/10CFR has put together an excellent “Global Imbalances Tracker” that allows users access to current account data in a very handy format. There were two things that struck me most
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Edward Harrison
edwardnh
Why higher US savings won’t save the pandemic-hit economy by @michaelxpettis https://pro.creditwritedowns.com/p/why-higher-us-savings-wont-save-the?r=ezbt&utm_campaign=post&utm_medium=web&utm_source=twitter A few thoughts here
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Ron Kane
ka8895
Happy #GERS Denial Day today folks. The most magical day of the year where we celebrate up being down, left being right and dogs being cats, all by gaslight. Remember
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Zakaria Garti - زكرياء ݣارتي 🎗
Zakaria_Garti
1- Le Maroc a entamé un des chantiers les plus importants de la décennie, qu’est celui de la généralisation de la couverture sociale dont celle de l’AMO en est le
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