current account deficits and exchange rates
Uploader Comments (pajholden)
Top Comments
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This time in 30 years when the UK Chancellor of the Exchequer and all of the economic advisers are asked how they saved the nations banged up economy, they will answer 'pajholden'
All Comments (96)
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OMG! This makes total sense now. I tried for hours to get this concept on my own, but the textbook just doesn't explain it well.
THANKS YOU!!!!!
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@sallythompson3636 Marshall Taught Keynes and his claim to fame is to use "science" empirical data. Lerner was a Keynes supporter. So the two guys who "Marshall–Lerner condition" were in fact ahead of their time. Lerner was a Keynes man to his bones
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unbelievable.. your an excellent teacher.
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Great work Phil - what new videos are you working on ?
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@bdmntnfan accountants....
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thumbs up if you think pajholden> keynes.... ;p
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@metanujai basically, the elite want to create the United States of Europe and need to trick the population somehow so they created this crisis and are keeping it alive with the help of the media and blind economic analysts. On top of that they also get some perks like a few state-owned companies of Greeca and Portugal and some islands sitting on top of oil reserves in the Aegean Sea...This artificial crisis will go on for at least 3-6 months until the they get what they want...
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who are those 11 fools?
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Dear Sir,
Can you put in something about Euro zone Crisis??? What is it & how is it suddenly so many countries "together - at about the same time are suffering??
Also, what is the role of Credit Agencies & why their rating about USA is making so much of a news??
Regards,
One of your universal followers..
Abhay, India
this is just FULL AND CLEAR! if I pass my economics bac I will send you a bottle of champagne I swear! :D
mrklax 1 year ago 11
@mrklax looking forward to it!!
pajholden 1 year ago 5