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To: elmatador who wrote (170402)7/6/2012 7:32:40 AM
From: KyrosL1 Recommendation  Respond to of 206223
 
There has been some improvement since the mid-2000s in your graph. Here is the latest US current account deficit as % of GDP:



With net oil imports falling rapidly, they US will be able to farther reduce the deficit in the next few years, provided the rest of the world does not fall apart.



To: elmatador who wrote (170402)7/6/2012 7:55:58 AM
From: Cogito Ergo Sum1 Recommendation  Read Replies (1) | Respond to of 206223
 
Also, Canada must go seek someone else to sell its energy because the US is hellbent on correcting its current acount defict.

Yep.. How many times I said that.. Canada screwed for a while... manifestation approaching.. Government just recently worried about shipping energy elsewhere.. of course the 70s oil shock was the opportunity to take decisive Johnny Canuck action..



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