Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
My grasp of the national accounts is small to nonexistent. I guess what you're trying to say is that the trade balance is a better comparison variable than currency reserves.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Carrie (migeru at eurotrib dot com) on Thu May 29th, 2008 at 04:08:13 AM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series