From a Net Lender Nation to a Net Borrower Nation Part 2
Yes we are aware of the mistake. Thank you for noticing it. We corrected it but it was too late the emails were sent. Thank you. Andre
Formula should be (S-I) + (T-G) = X-M. Plus (T-G) not minus.
Holding trade constant, the more savings available, the more deficit government can take on.
Yes we are aware of the mistake. Thank you for noticing it. We corrected it but it was too late the emails were sent. Thank you. Andre
Formula should be (S-I) + (T-G) = X-M. Plus (T-G) not minus.
Holding trade constant, the more savings available, the more deficit government can take on.