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given that it has a high savings rate and a long tradition of financing its public deficits domestically (ie without needing foreign capital inflows).

Is it a surprise that the biggest proponents of no capital flow restrictions are the biggest importers of capital today...?

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue Jan 13th, 2009 at 04:50:31 AM EST

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