Scene 4: How Chinese Savers Contributed to the Crisis?

In this podcast, I talk about how Chinese savings played a role in the current economic crisis. I also go into a little detail about some global imbalances and talk about a theory that would be useful to understanding what went wrong: the global savings glut.

In this second part of the podcast, I explain how the fixed exchange rate with the Chinese Yuan had an affect on the trade relationship between China and the United States.

Works Cited

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This entry was posted on Tuesday, August 18th, 2009 at 1:47 am and is filed under How Chinese Savers contributed to the Crisis. You can feed this entry. You can leave a response, or trackback from your own site.

One Response

Why are the uneducated American politicians fighting against themselves while the new-comer Chinese are smiling to the bank and prosperity?

AdamOsa - August 3, 2011 at 8:16 pm

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