Here the image of the American economic slowdown, given by Brad Stesti:
We see that the incoming flows of private capital (green) and outgoing ( yellow) fell before exports (blue) and imports (dark blue).
On this second graph, we see that net private capital flows have increased dramatically, which simply reflects the fetching of the USA dollars previously invested by Americans abroad.
Comment: we reported a few weeks ago the monetarist analysis of Scott Summer, who defends the opposite assumption that the economic crisis has preceded and caused the financial crisis: [ Depression for Dummies: "The Chuck Norris Federal Reserve "]
Summer defended the policy of monetary expansion of Greenspan and Bernanke (The last two Governors of the Federal Reserve): interest rate floor for Greenspan, Bernanke for mass printing. According
Summer should have been even more monetary expansion. With this graph Stetser, this theory takes for his rank, and "Austrians" (supporters of the monetary tightening) can once again rest on their laurels immaculate.
The problem is that if the Austrians are right, we are globally very very very're screwed ...
America capitalist puts his foot on the brake and turns in on itself, which is much worse for the global economy that all risks of protectionism, real or imagined, agitated by the G20 as a scarecrow.
For the brave of you, the rest of the article is frankly blow Stetser: [Follow the Money: "Charting financière de-globalization: private capital flows are falling Faster Than trade flows"] 
We see that the incoming flows of private capital (green) and outgoing ( yellow) fell before exports (blue) and imports (dark blue).
On this second graph, we see that net private capital flows have increased dramatically, which simply reflects the fetching of the USA dollars previously invested by Americans abroad.
Comment: we reported a few weeks ago the monetarist analysis of Scott Summer, who defends the opposite assumption that the economic crisis has preceded and caused the financial crisis: [ Depression for Dummies: "The Chuck Norris Federal Reserve "]
Summer defended the policy of monetary expansion of Greenspan and Bernanke (The last two Governors of the Federal Reserve): interest rate floor for Greenspan, Bernanke for mass printing. According
Summer should have been even more monetary expansion. With this graph Stetser, this theory takes for his rank, and "Austrians" (supporters of the monetary tightening) can once again rest on their laurels immaculate.
The problem is that if the Austrians are right, we are globally very very very're screwed ... America capitalist puts his foot on the brake and turns in on itself, which is much worse for the global economy that all risks of protectionism, real or imagined, agitated by the G20 as a scarecrow.
For the brave of you, the rest of the article is frankly blow Stetser: [Follow the Money: "Charting financière de-globalization: private capital flows are falling Faster Than trade flows"]
Crisis for Dummies 
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