Discuss? According to the 'Global Saving Glut' hypothesis, overborrowing of U.S. households during the housing boom of
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According to the 'Global Saving Glut' hypothesis, overborrowing of U.S. households during the housing boom of the late 1990s and early 2000s was a primary driver of the deterioration of the U.S. current account. According to the 'Global Saving Glut' hypothesis, overborrowing of U.S. households during the housing boom of the late 1990s and early 2000s was a primary driver of the deterioration of the U.S. current account.
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The Global Saving Glut hypothesis proposed by economist Ben Bernanke in 2005 suggests that a surplus of savings in several countries particularly in e... View the full answer
Related Book For
Stats Data and Models
ISBN: 978-0321986498
4th edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
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