Can the Growth in the U.S. Current Account Deficit Be Sustained? The Growing Burden of Servicing Foreign-Owned U.S. Debt
Levy Economics Institute, Strategic Analysis Series, May 2006
12 Pages Posted: 9 May 2011
Date Written: May 6, 2006
Abstract
Can the growth in the U.S. current account deficit be sustained? How does the flow of deficits feed the stock of debt? And how will the burden of servicing this debt affect future deficits and economic growth? These are some of the questions we address in this Strategic Analysis.
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