In short, substantial RMB appreciation would reduce the bilateral US China trade deficit and China s overall trade surplus significantly, but it would do little to reduce the overall US trade deficit. In the absence of a generalized appreciation of all Asian currencies and unchanged American policies, possibly only a deep recession could reduce the overall US current account deficit.

The overall budget deficit is still predicted to be 4.1 of Greece s GDP in 2013 a substantial improvement compared to 2010 but still far from fiscal balance. The difference between the overall deficit and the primary deficit implies that the interest on the Greek national debt this year will be 4.1 of GDP.

So, how should the US economy s jobs deficit, investment deficit, and long run fiscal deficit be addressed?

The IMF estimates that these cyclical effects on revenue and outlays have raised the overall deficit by nearly 5 of Greek GDP. On a cyclically adjusted basis, Greece s overall budget would show a surplus of 0.6 of GDP this year.

There is both a knowledge deficit and an understanding deficit.

Budget deficit

Deficit (surplus)

A deficit?

Since 2007, the US current account deficit has narrowed, but not because of a higher savings rate. Rather, the external deficit has been squeezed by a collapse in investment activity, while America s overall savings rate has fallen below 13 of GDP, owing to worsening government finances.

8. Economic indicators for Djibouti have been declining in the past few years, mainly as a result of the high level of imports and the low level of exports. Djibouti has a structural trade deficit and its overall budget deficit is partially covered by external aid.

Europe s Trust Deficit

Europe s Vision Deficit

The Energy Deficit

Difference (surplus deficit)

It perpetuates deficit spending.

Europe s Pointless Deficit Targets?

America s Misplaced Deficit Complacency

Global Warming s Technology Deficit

Closing America s Jobs Deficit

The Global Trust Deficit

3. Projected operating deficit

3. Projected operating deficit

3. Projected operating deficit

3. Projected operating deficit

3. Projected operating deficit

3. Projected operating deficit

Surplus (deficit) for period

Valuation results surplus (deficit)

But none of these is the deficit that really matters. The deficit that prevents Europe from drawing a line under its crisis is a deficit of trust.

BERKELEY The United States is beset by four deficits a fiscal deficit, a jobs deficit, a deficit in public investment, and an opportunity deficit. The budget proposals put forward by presidential candidate Mitt Romney and his running mate, Paul Ryan, could reduce the fiscal deficit, but would exacerbate the other three.

The overall cash deficit of these seven missions has been reduced from the 100.5 million indicated in the previous report of the Secretary General on this subject (see A 58 778, table 4).

Romney has provided few details about his deficit reduction plan. But, based on what he has revealed, we know that it would increase the jobs deficit, the investment deficit, and the opportunity deficit, with negative consequences for future growth and prosperity.

Attention deficit disorder, bipolar disorder.

The Sino American Trust Deficit

What is the Deficit Endgame?

VII. The Conference s financial deficit

D. Actual expenditures and deficit

Mr. Bailey, there's a deficit.

Looking ahead, the IMF predicts that Greece will have a gradually rising primary surplus and a gradually declining overall deficit over the next several years. But, unless Greece is able to increase its rate of economic growth, the budget will remain in deficit and the debt will remain at nearly its current share of GDP.

3. Operating deficit (1 less 2)

(b) Surplus deficit position of the fund

3. Projected operating deficit (1 less 2)

3. Projected operating deficit (1 less 2)

3. Projected operating deficit (1 less 2)

If there are investors willing to finance U.S. government budget deficit, why wouldn't we find investors willing to finance press freedom deficit?