Wednesday, March 28, 2012

Germany's Current Account: World's Biggest Surplus

I thought this was interesting: Germany now has the world's largest current account surplus, while we have the world's largest current account deficit. What's really fascinating is that Germany surpassed China; think about the implications of that on a per capita basis. Scott Sumner reports:

http://www.themoneyillusion.com/?p=13760&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Themoneyillusion+%28TheMoneyIllusion%29

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