Journal Article
How dangerous is the U.S. current account deficit?
Abstract: Although this deficit has been rising steadily since the early 1990s, a \\"hard landing\\" for the U.S. economy is unlikely. One reason is that only in the United States can so many foreigners invest so much money and get such good returns.
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https://www.stlouisfed.org/publications/regional-economist/april-2006/how-dangerous-is-the-us-current-account-deficit
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 2006
Issue: Apr
Pages: 4-9