…discussed here and here: Neither you nor anyone else knows what the true currency exchange (dollar v yuan) should be. The only way we will know is if the yuan…

…sales outside China by affiliates of foreign-owned MNCs were excluded from its exports and sales within China by affiliates of foreign-owned MNCs were included in its imports. The trade accounting…

rdan (hat tip ataxingmatter) Start Making Sense notes: In 2004, Congress enacted a temporary dividends received deduction for U.S. multinationals that repatriated foreign earnings. Under the temporary DRD, the tax…

…holdings of US Treasuries by month from Sept 2007 to Set 2008 MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES. And after a little examination of the numbers it would appear that…

…exceeded exports by more than US$700 billion or more than 5% of gross domestic product (GDP). To finance the trade gap, Americans sell bonds and other securities to foreigners, including…

…1980 the US had about 365 billion dollars of net foreign assets (that is the difference between the foreign assets owned abroad and the local assets owned by foreigners). These…

…with smoke mirrors and money from Brussels.” One argument is that Ireland’s GDP is much higher than GNP because of the amount of profits that foreign-owned companies send back to…

…decrease was more than accounted for by a decrease in net outflows for unilateral current transfers. …Net recorded financial inflows–net acquisitions by foreign residents of assets in the United States…

…their lending to the US, then private foreign investors will step in as US interest rates rise and the dollar falls, making the net change in foreign lending quite gradual….

…gold standard or had pegged exchange rates which suffered heavily before they abandoned those policies. These are countries which were determined to treat their debt as if it were foreign…