2 ms·
Many economists don't think it's a good idea to grow huge positive current account balances either. Eg, this article: http://www.economist.com/opinion/displays
by ajb 17y ago
Many economists don't think it's a good idea to grow huge positive current account balances either. Eg, this article: http://www.economist.com/opinion/displaystory.cfm?story_id=14165450 http://www.economist.com/opinion/displaystory.cfm?story_id=1... The problem is, if you do that, a large proportion of your savings are abroad, denominated in a foreign currency.