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Surplus Versus Deficit: What Is Better During Crisis?

Mon 27 Aug 12 | 02:00 AM ET
Germany and China have been criticized for running a surplus, but they have given themselves a cushion and greater flexibility during the crisis, says Nick Carn, founder, Carn Macro Advisors. However, he warns, over-reliance on exports could lead China into trouble.

Topics:

Europe  | China  | Debt  | Economy (Global)
 
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