| 05 December 2003

The return of the US twin deficits

In the US, a large current account deficit has been joined by a growing fiscal shortfall, leading to a return of the “twin deficits” phenomenon last seen in the 1980s.Mark Thirlwell

  • Mark Thirlwell

In the US, a large current account deficit has been joined by a growing fiscal shortfall, leading to a return of the “twin deficits” phenomenon last seen in the 1980s.Mark Thirlwell

  • Mark Thirlwell