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The US Current Account Deficit

New figures were just released this morning about the US current account deficit during the April-June period of 2005. From the BEA release: The U.S. current-account deficit–the combined balances on…

The Deficit and The Dollar

…a few of the world’s central banks. In 2003, the most recent year with full international statistics, central banks financed 83 per cent of the US current account deficit, with…

The US Current Account Deficit

This morning the BEA released its estimate of the US current account balance during the second quarter of 2004. The second quarter deficit was $166bn, meaning that the US borrowed…

2004 Projected Deficit Now Over Well Over $500 Billion Way back on 8/24 the projected deficit was $480 billion (see this post). Now it’s $525b and counting. That’s another $45…