Paging Martin Wolf – A Detailed Look at Savings in Japan

In short, if the world economy is to get through this crisis in reasonable shape, credit worthy surplus countries must expand domestic demand relative to potential output. How they achieve this outcome is up to them. But only in this way can the deficit countries realistically hope to avoid spending themselves . . . → Read More: Paging Martin Wolf – A Detailed Look at Savings in Japan

China’s Growth Continues to Accelerate – Eyes On Japan Rank

You may remember us pointing to China’s rebounding manufacturing sector last quarter. Well, the country’s overall economic growth continues to accelerate and drive a global economic rebound.

On Thursday China announced that its gross domestic product in the fourth quarter 2009 grew by 10.7% year-over-year — thats up from a revised growth rate of . . . → Read More: China’s Growth Continues to Accelerate – Eyes On Japan Rank