[lbo-talk] Dismissing the I.M.F. Report on the U.S. Deficit

Doug Henwood dhenwood at panix.com
Thu Jan 8 12:30:56 PST 2004


mike larkin wrote:


>Aren't we getting a little desperate when we start making excuses
>for the deficit by reference to Japan (not to mention France and
>Germany)?

And Japan's deficit is more than financed internally. The U.S. needs gobs of foreign capital every day.

Doug



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