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

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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Year of publication:	2006
Authors:	Coughlin, Cletus C. ; Pakko, Michael R. ; Poole, William
Published in:	The Regional Economist. - Federal Reserve Bank of St. Louis. - 2006, Apr, p. 4-9
Publisher:	Federal Reserve Bank of St. Louis
Subject:	Budget deficits \| Balance of trade \| Investments \| Foreign

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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