Monday, October 25, 2010

Just Some Facts About Who Is Who In " Beggar-Thy-Neighbour" Game

The economists at Societe Generale has two nice charts just to show who is who in the game of competitive devaluations. Let's start with Current Account imbalances to see who needs adjustment.

Click on charts to enlarge, courtesy of Societe Generale.
And this is what has been done in recent years.

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