tag:blogger.com,1999:blog-4900303239154048192.post7836945174212759638..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: China’s Dark Anti-Matter?Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4900303239154048192.post-1122973293068392482015-05-09T15:45:57.686-04:002015-05-09T15:45:57.686-04:00Krugman noted one valuation issue. But he looked ...Krugman noted one valuation issue. But he looked only at the details of the balance sheet. The dark matter puzzle involves the income statement. The US is a debtor nation but has positive net income whereas China is a creditor nation with negative net income. Valuation issues may be part of this but there are a host of possible explanations. ProGrowthLiberalhttps://www.blogger.com/profile/17138489390594441753noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-77231116567853021372015-05-09T09:49:51.709-04:002015-05-09T09:49:51.709-04:00I am vastly unlearned on this issue, but ISTM that...I am vastly unlearned on this issue, but ISTM that it relates to <a href="http://krugman.blogs.nytimes.com/2015/05/03/us-external-debt-a-curious-case/?module=BlogPost-Title&version=Blog%20Main&contentCollection=Opinion&action=Click&pgtype=Blogs&region=Body" rel="nofollow">a point</a> that Krugman raised the day after your <a href="http://econospeak.blogspot.com/2015/05/dark-matter-or-base-erosion-profit.html" rel="nofollow">previous post</a>: some (much?) of the dark matter relates to differences across countries in stock market prices. Is this wrong?marcelhttps://www.blogger.com/profile/08831521008587576816noreply@blogger.com