The media and others suggest that the current account deficit run by the U.S. is a problem for the economy. What do you think? What action(s) would you advise federal government officials to take on this issue?© BrainMass Inc. brainmass.com October 9, 2019, 9:47 pm ad1c9bdddf
I agree with the view that current account deficit run by the US is a problem. The current account deficit is the real cause for the slowdown of economic growth. It has forced the Fed to increase the interest rates and this has had an adverse effect on the economy. A current account deficit dissuades foreign investors. They fear that exchange rate fall can lead to a deterioration of their assets. The capital flows from ...
This explanation provides you a comprehensive argument relating to the current account deficit run by the U.S