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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Provider: Federal Reserve Bank of St. Louis

Part of Series: The Regional Economist

Publication Date: 2006

Issue: Apr

Pages: 4-9