In chapter 13 we are given the Figure 13.2 The U.S. Current Account and Net International Investment
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In chapter 13 we are given the Figure 13.2 The U.S. Current Account and Net International Investment Position, 1976-2019 and here it shows that in America we have accumulated I would consider extreme levels of debt. While at the same moment we are growing in out GDP. But it appear that they are not growing at a similar or even comparable rate. So my question is why does there seem to be no repercussions to this? But if there is what are they.
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