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Earth_First Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-04-11 12:26 PM
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What does it mean?!
The Most Subversive Sign Seen at the “Occupy Wall Street” Protest



Saw this on FB
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TriMera Donating Member (885 posts) Send PM | Profile | Ignore Tue Oct-04-11 12:36 PM
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1. I googled it...
http://www.google.com/search?q=%28I-S%29%2B%28G-T%29%2B%28X-M%29%3D0&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

Check out the top link. It is a PowerPoint presentation. I know nothing about economics, so this is all I can contribute.
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justiceischeap Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-04-11 12:48 PM
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2. I too Googled and it's macroeconomics
I - S = the investment/saving account; the two do not have to be equal, but if S > I, there is money for other things.
G - T = the infamous government budget deficit or surplus. G-T>0 => deficit.
X - M = the equally infamous current account or trade deficit or surplus
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Mass Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-04-11 12:51 PM
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3. It means government deficit (G-T)= non government deficit
The private domestic balance (I – S) – positive if in deficit, negative if in surplus.
The Budget Deficit (G – T) – negative if in surplus, positive if in deficit.
The Current Account balance (or trade deficit) (X – M) – positive if in surplus, negative if in deficit.

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