Jon Sindreu on Global Financial Flows and the Balance of Trade
Macro Musings with David Beckworth
00:00
What's the Real Issue?
The current account deficit has endured despite bregset and despite a massive fall in the pound. The idea that asets move on quantities is unclear, says Al so won torady. And it's not even that clear that flows are flowing at all, he adds. 'If these strangers get scared, then suddenly, you know, the current account will need to to correct,' writes Mr Torady.
Transcript
Play full episode
