
How & why recessions happen
The David McWilliams Podcast
00:00
What Are the Critical Metrics of the Current Account Deficit?
In two thousand and seven, there were more mercedes sold in ireland per hedge than in germany. So that's the way of looking at the trade deficit and the current account deficit. The casual position of the nation is much stronger as a trade surplice. And despite itself, it's now in a position that i think the banking system is reasonably ok. We're giving out for free what moodies and poor would charge a million uros for: how do you figure out sustainability of a country?
Transcript
Play full episode