The Languishing Finances Of The United States (opens in new tab)
Two recent statistical releases which needs attention: the US international investment position and the primary income in the balance of payments turning negative. Charts from the BEA: Source: U.S. International Investment Position, 3rd Quarter 2024 Source: U.S. Current-Account Deficit Widens in 3rd Quarter 2024 For an idea, the US GDP was $29.4 trillion in Q3 […]
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