Indeed --

Personally would be less wed to 'limited' and more willing to consider moving the PRGT to an endowment model.

But limited is where there might be consensus. No reason not to do it.

Couple debt nerds on their way to the Eurostar from BofA to #DebtCon7

Brad Setser Anna Gelpern

Guess it now almost goes without saying, but the G-7 is (correctly) ignoring the bizarre fall in China's reported current account surplus and instead focusing on the (real) surplus in goods/ manufactures