Woops
Posted by Nicholas Gruen on Monday, March 9, 2009
“The developing world, especially China, ran huge trade surpluses assisted by an overvalued currency.” Ehem – try ‘undervalued currency’.
Malcolm Turnbull on the causes of the crisis. However perhaps it was a misprint. Anyway I just discovered this – no doubt others have been onto it long ago.
This entry was posted on Monday, March 9th, 2009 at 9:45 AM and filed under Economics and public policy.
Follow comments here with the RSS 2.0 feed.
Post a comment or leave a trackback.
Leave a Reply