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IGA
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IGA
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11.10.2007 02:14:47
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В стране и мире;
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"вы будете продолжать финансировать нас, иначе вам будет еще хуже"
http://unokai.livejournal.com/89070.html
Логика "вы будете продолжать финансировать нас, иначе вам будет еще хуже"
“The US has been tolerant of dollar weakness, and neglected building reserves, precisely because it knows that its trading partners could suffer more than the US from a dollar collapse and would do something about it.
So far, this implicit US assumption that the dollar is “too big to fail” has been correct. The latest IMF data show global reserves in the 12 months through the second quarter up $1,100bn, indicative of global policy makers indirectly bailing out the dollar on an ever expanding scale.”
Rushkin is absolutely right to note the ever-expanding scale of emerging market intervention required to support the dollar; my own calculations suggest that emerging market reserve dollar growth is now about equal to the US current account deficit. If emerging market central banks were lending funds to the US to allow the US to intervene to support the dollar rather than intervening themselves to keep their currencies from rising, their lending could be considered the world’s largest currency bailout.
http://www.ft.com/cms/s/1/0d57808c-75bd-11dc-b7cb-0000779fd2ac.html
http://www.rgemonitor.com/blog/setser/219345#readcomments