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The Return of Global Imbalances?

…in order to offset the declines in consumption and investment. The decreases in public savings can lead to rising current account deficits that offset the capital inflows needed to cover…

To Do IV. Education

…wages have long been stagnate; follow the money and tax the flows of money and goods, and tax wealth. Today’s and tomorrow’s ka-ching is the mouse click; that’s when the…