Alan Greenspan's London address in toto (with footnotes) can be read at this link
http://www.federalreserve.gov/boardDocs/speeches/2005/20050204/default.htm
So far the results are bullish for the dollar.
Greenspan's first footnote refers to a June 1980 article from The Economic Journal (p. 314-329) called Domestic Saving and International Capital Flows. That sent me scurrying to my reference library--thank goodness for the internet!
Footnote 6 refers to the correlation between the current account deficit and mortgage refinancing. Pretty interesting stuff. R squared equals 0.7. How bout them apples?
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