Trade surplus hurts -Andy Xie

August 31, 2011 at 1:45 pm Leave a comment

Andy xie wrote a good article on why accumulating large trade surplus hurt both the surplus and the deficit countries.

“if you don’t know how to invest the surplus, it’s best not to accumulate them”

“if you know don’t how to handle big profits,you shouldn’t earn so much”

“if you don’t know how to invest your money,you shouldn’t save so much”

The endgame in order to rebalance the global economy will be in the form of inflation,default,asset restructuring or higher taxes, take your pick.

http://xieguozhongblog.blog.hexun.com/67673880_d.html
谢国忠:贸易盈余伤己伤人

Entry filed under: Watch your step. Tags: .

Time to short Apple? “Kawa no nagare no yo ni” by Misora Hibari

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