Re:Review of “Adults in the Room” by Yanis Varoufakis
by Tomte on Wednesday May 03, 2017 @03:22PM
(#14259157)
Trade surplus is neither evil nor a problem in itself.
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Re:Review of “Adults in the Room” by Yanis Varoufakis
by crdoconnor on Wednesday May 03, 2017 @06:21PM
(#14260752)
Trade surplus without a safety valve (the ability to devalue a currency) is very much a problem since it leads to unsustainable debt buildups.
Germany should be running a trade deficit with the rest of Europe right now but it refuses to.
Re:Review of “Adults in the Room” by Yanis Varoufakis
by nickbauman on Wednesday May 03, 2017 @07:14PM
(#14261086)
Unless your currency policy is fixed by those you buy from. That's the fundamental problem here.