No country can afford to squander its saving potential—ultimately, the seed-corn of long-term economic growth. That’s true even of the United States, where the laws of economics have often been ignored under the guise of “American exceptionalism.”
from The Financial Express https://ift.tt/3eItttA
Sunday, 28 June 2020
Covid-19: Hyper-extended saving, current-account imbalances will have consequences for dollar
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