Another issue is the influence of still-growing globalization, arguably one of the key factors that has facilitated the financing of the U.S. current account deficit. There is little evidence that the growth of globalization has yet slowed.
And I earned a masters in business administration while going to school at night. I soon began teaching bank management in the same schools I had attended earlier. One of the best teaching tools I discovered was bank simulation. I worked with a number of models, helped design a few of them, and ran several hundred simulation exercises over the years.