Inquiring minds are pondering a chart from the Strange Case of Falling International Reserves.
As of August 2008, as you can see from the graph, International Reserves were growing at the explosive annual rate of 26.5%. Suddenly, since August, Reserves have stopped growing.
I’ll leave you with this question: what is the significance of the drastic change in the growth-trend of International Reserves, from explosive growth, to the sudden beginning of a contraction?
No comments:
Post a Comment