Re: [OPE-L] Trade Deficit Disorder

From: Alejandro Valle Baeza (valle@SERVIDOR.UNAM.MX)
Date: Fri Mar 17 2006 - 14:32:26 EST

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Rakesh Bhandari wrote:

> oops same message as the last but under an appropriate subject line
>
> The US leaves low return opportunities at home for foreigners while
> enjoying high returns on its external operations... I have wondered
> whether such such findings could be worked into an updated defense of
> Lenin's understanding of imperialism.
> rb
>
>
>
>
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> http://online.wsj.com/article/SB114247166848599620.html
>
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>
> -

Dear Rakesh,  do you agree with WSJ that US current account deficit is
not a big problem for US economy? Such deficit is about 6% of GDP. Do
you think it is unsustainable everywhere but is not a problem in US?

best wishes
Alejandro

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