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How dangerous is the U.S. current account deficit?

Cletus Coughlin (), Michael Pakko () and William Poole ()

The Regional Economist, 2006, issue Apr, 4-9

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.

Keywords: Budget deficits; Balance of trade; Investments, Foreign (search for similar items in EconPapers)
Date: 2006
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