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Trade, Japan, fading savings

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.

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