European Tribune - Comments - Anglo Disease - early signs of hangover generate denial

Anglo Disease - early signs of hangover generate denial | 49 comments (49 topical, editorial, 0 hidden)

Re exports, I suppose it's the Asian crisis. The economies over ther took a dive, and their imports must have dropped.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (jeromeguillet@yahoo.fr) on Thu Nov 22nd, 2007 at 11:23:27 AM EST
[ Parent ]

Re: Oh, right (none / 0)

But exports never really recovered (as a fraction of GDP, that is).

We have met the enemy, and he is us — Pogo

by Migeru (migeru at eurotrib dot com) on Thu Nov 22nd, 2007 at 11:50:56 AM EST
[ Parent ]

Re: Oh, right (4.00 / 2)

Or their (the Asian) economies regrew on the back of the transfer of manufacturing jobs.

Money is a sign of Poverty - Culture Saying

by RogueTrooper on Thu Nov 22nd, 2007 at 01:06:30 PM EST
[ Parent ]

Re: Oh, right (none / 1)

'97 to 2000 were boom years in the US. Don't know if it's that odd that imports would rise quicker than exports. Quickly rising GDP means that exports were still rising quickly, imports just more quickly. You might ascribe it to a lot of foreign investment in the US in this period and a strong dollar. What happened in 2000 is far more drastic.

by nanne (zwaerdenmaecker@gmail.com) on Thu Nov 22nd, 2007 at 09:38:16 PM EST
[ Parent ]

Anglo Disease - early signs of hangover generate denial | 49 comments (49 topical, 0 editorial, 0 hidden)

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