Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
You want to claim that Germany had a trade deficit from 1947 to 1971?

That is peculiar view of west german economic history.

I won't to quiblle about years, but west germany moved into a trade surplus during the Korea war or so.

The other big exporter who got a start during the Korea war was Japan.

by IM on Thu Jun 2nd, 2011 at 07:43:18 PM EST
[ Parent ]
Indeed. The original comment should have said "current accounts deficit" not "net importer." After all, as long as one is not analysing a default scenario, it's the current accounts that's the important variable.

My bad.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Jun 2nd, 2011 at 10:57:31 PM EST
[ Parent ]
Until some years ago Germany either had current account deficit (much of the nineties) or a balanced current account or a small surplus.
by IM on Mon Jun 6th, 2011 at 06:25:01 AM EST
[ Parent ]

Display: