An interesting theory I came across that tries to explain why, despite a growing US current account deficit, US income from overseas assets is consistently stronger - and doesn't look like slowing any time soon - than foreigner income from US assets. The answer? "Dark matter" intangibles that aren't being measured.
http://www.clevelandfed.org/Research/ET2006/0206/darkmatter.pdf
Interesting how they borrowed a science term. What's next? Hyper-drive bonds?
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