St Louis Fed's Regional Economist, April 2006

The Regional Economist, April 2006 edition, from the St Louis Fed includes the article "Is the U.S. current account deficit dangerous?". 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, it says.

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