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September 08, 2008

Weak dollar bad, exports good!

An amusing guide to the moral content of economic terminology in the popular press from Bluematter, complete with damning juxtapositions:

Foreign direct investment (inbound): Good
Current account deficit: Bad
Trade deficit: Catastrophic
Capital account deficit: Not used. Presumably bad.

Weak national currency: Bad
Exports: Good
Imports: Bad

Posted by Dingel at September 8, 2008 07:39 AM

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