Exact(5)
The stock market bubble has now well and truly popped and the rebalancing of the economy away from over-investment has not yet begun.
Otherwise, a cheaper dollar would cause the economy to overheat and interest rates to rise: that would either stall the economy or limit the decline in the dollar and the rebalancing of the current account.
We'll witness a return to the integrity of craft, the humanity of authorship, and the rebalancing of our virtual and physical spaces.
Yet, both TPP negotiations and the rebalancing of U.S. military assets toward Asia continue.
He planned to set up an all-party convention which would consider new powers for Parliament and the rebalancing of powers between Whitehall and local government.
Similar(55)
Excessively low American rates would raise the odds of new asset bubbles and impede the rebalancing of the global economy.
Failure to allow more rapid appreciation could accelerate inflation in China, lead to asset price bubbles and undermine the rebalancing of the Chinese economy, Mr. Geithner said.
These economies need to allow their currencies to rise, both to curb inflation and encourage the rebalancing of the global economy.
And if the rebalancing of the economy is to be carried through, as it must be, control of the money supply must be shifted from the private banks into public hands to ensure that investment is directed on the scale required into the major revival of manufacturing.
It is clear that domestic austerity measures and the eurozone crisis are putting serious pressures on both businesses and consumers, while the rebalancing of the economy towards net exports is proving difficult.
Pegging those currencies to the weak dollar also dampens demand for imports in their economies, and thus hinders the rebalancing of global current accounts.
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