Sunday, July 23, 2017

Michael Pettis

Michael Pettis is Professor of Finance at Peking University and a senior associate at the Carnegie Endowment.

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Newsart for The Saver’s Dilemma Paul Lachine
Economics 16

The Saver’s Dilemma

For nearly a decade prior to the eurozone crisis, capital from high-savings countries like Germany flowed to low-savings countries like Spain. If the rebalancing that is now necessary occurs only in S… read more

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