China's fixed exchange rate pt. 1

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Uploaded by on Aug 19, 2009

Subprime the Musical- Series of light-hearted podcasts designed to explain the Subprime Mortgage Crisis. To learn more visit:
www.subprimethemusical.wordpress.com
E-mail: moneyandsociety@gmail.com
In this podcast, I talk about how Chinese savings played a role in the current economic crisis. I also go into a little detail about some global imbalances and talk about a theory that would be useful to understanding what went wrong: the global savings glut.

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  • You people don't like yellow skin but do you like money?

  • I argue a bit with your savings = investment equation, (I agree with Keynes on this one), but nonetheless, this was a VERY valuable post. Thanks for making it!

  • And I'm looking for the any reason.

    Why china need natural resources form Afarica too much?

    and Chinesn some goods far from qulity sch as food milk etc. It's camical too much.

    Next time you can present Chana vs African. I though some white guy (South African ) don't like chinese.

  • is very in terestig

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