However, big current-account deficits there and in other east European countries remain a worry.
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Russia is in the lucky position of having relatively low debts and a big current-account surplus.
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And third, history suggests that big current-account deficits always collapse in the end.
Mr Salinas's boom was unsustainable, based as it was on high borrowing, a big current-account deficit and an overvalued currency.
Germany's EU partners reckon that a country with a budget close to balance and a big current-account surplus could do more.
Mr O'Neill is right to think that big current-account deficits are not necessarily bad, but his argument is flawed in three ways.
Argentina and Bolivia also have plenty of gas, but the Brazilian government is wary of adding to the country's big current-account deficit.
Portugal, Greece and (to a lesser extent) Spain still have big current-account deficits, and so are still adding to their already high foreign liabilities.
The expectation of higher returns on capital in America has attracted foreign money and made it easy to finance America's big current-account deficit in recent years.
Another of his big current holdings is Dublin, Ireland-based biotech Elan, which Rees began buying in 2003 but sold less than a year later when he believed it was overvalued.
One of the reasons investors have lost confidence in some Asian currencies is that many countries are running big current-account deficits in other words, they are investing more than they are saving at home.
Their growth is stoked by big current-account deficits.
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Another of his big current holdings is Dublin, Ireland-based biotech Elan (nyse: ELN - news - people ), which Rees began buying in 2003 but sold less than a year later when he believed it was overvalued.
In addition, South Florida picked up its only conference win against current Big East leader Georgetown on Jan. 19.
So far he's assembled a team of designers and promises to name a current Big Three group vice president as chief executive early next year.
Amid all the turmoil, one thing is all but certain: The current Big East's conference basketball tournament will not be in New York next year.
The big beneficiaries are current Sears shareholders, who were given subscription rights that allowed them to buy 0.21 of a share at 15 per whole share.
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The fact that the current big players have so much market share, capital, and the advantage of economies of scale and huge advertising budgets only makes matters worse.
The JOBS Act initiatives creating jobs seems much more relevant today than bureaucratic band aids on the stagnating operations of past firms, current big banks and their practices.
The result is that combined the current Big east and Catholic 7 conferences are going to earn half the television money they were offered as one conference in 2011.
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That news slams the door on the possibility that the Irish men's basketball team would have spent a year with the seven schools leaving the current Big East: DePaul, Georgetown, Marquette, Providence, St.
Well much will depend on whether the Treasury's preferred policy, of getting the current big banks to provide subsidised loans to smaller businesses - through its "credit-easing" policy - is showing that it will have impact.
While this decision is certainly tempered by the needs of the company, the scale up approach will help enterprises accurately prepare for their current Big Data needs by buying limited hardware and add more racks in a cost-effective manner as data needs increase.
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Customers believe a new generation of tools can give them the horsepower and intelligence to turn their current Big Data deficiencies into Big data opportunities: new sources of revenue, new ways of engaging with customers, new insights into opportunities as well as dead ends.
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He takes his place alongside other billionaires who've lost big sums in the current downturn.
The argument is also about the feasibility of launching a big peace push under current circumstances.
If firms rebuild their inventories, or even stop slashing them, this will give GDP growth a big lift in the current quarter.
The other big influence on the current literary crop is industry's reversion to motivational tools to persuade its workers to be more productive.
BP's annual review of the world's energy resources showed that proven oil reserves were big enough to meet current consumption rates for another 40 years.
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