The slowdown in imports could indicate a slowing domestic economy: Both exports and imports increased in October. Exports are up 18% compared to October 2020; imports are up 22% compared to October 2020. Japan not doing so well: Personal income and savings went up with the fiscal transfers, and now they’re fading: The post Trade, Japan, fading savings appeared first on Mosler Economics / Modern Monetary Theory .
The slowdown in imports could indicate a slowing domestic economy:
Both exports and imports increased in October.
Exports are up 18% compared to October 2020; imports are up 22% compared to October 2020.
Japan not doing so well:
Personal income and savings went up with the fiscal transfers, and now they’re fading:
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The post Trade, Japan, fading savings appeared first on Mosler Economics / Modern Monetary Theory.