by Summary:
Nothing much changed since I posted on this a couple of years ago. The U.S. net international investment position at the end of the first quarter of 2016 was −.5 trillion, which corresponds to about 40% of GDP, higher than two years ago. But no real problem in my view Note that this is the sort of number that economists show when they want to suggest a possible run on the dollar, and the demise of its role as a reserve currency. The last report by the Bureau of Economic Analysis (BEA) is available here.
Topics:
Matias Vernengo considers the following as important: current account, Net International Investment Position
This could be interesting, too:
Nothing much changed since I posted on this a couple of years ago. The U.S. net international investment position at the end of the first quarter of 2016 was −.5 trillion, which corresponds to about 40% of GDP, higher than two years ago. But no real problem in my view Note that this is the sort of number that economists show when they want to suggest a possible run on the dollar, and the demise of its role as a reserve currency. The last report by the Bureau of Economic Analysis (BEA) is available here.
Topics:
Matias Vernengo considers the following as important: current account, Net International Investment Position
This could be interesting, too:
Mike Norman writes Joseph P. Joyce — The Change in the U.S. Direct Investment Position
L. Randall Wray writes A Better Way to Think about the “Twin Deficits”
Mike Norman writes Timothy Taylor — Some Facts on Global Current Account Balances
Mike Norman writes Bank Underground — A prince not a pauper: the truth behind the UK’s current account deficit
Nothing much changed since I posted on this a couple of years ago. The U.S. net international investment position at the end of the first quarter of 2016 was −$7.5 trillion, which corresponds to about 40% of GDP, higher than two years ago. But no real problem in my view
Note that this is the sort of number that economists show when they want to suggest a possible run on the dollar, and the demise of its role as a reserve currency. The last report by the Bureau of Economic Analysis (BEA) is available here.
