America's Twin Deficit Trap
Source: SeekingAlpha
2025-08-24 19:15:00 ET
The US now faces a textbook twin deficit problem: a swollen fiscal shortfall on one side and a trade imbalance on the other. The fiscal deficit is widely discussed, but the trade gap is just as striking — worse than at any point since the 1800s, except briefly during the global financial crisis when GDP collapsed....
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America's Twin Deficit Trap
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