Tuesday, March 14, 2006

Dark Matter... and the US current account?!

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.


Interesting how they borrowed a science term. What's next? Hyper-drive bonds?

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