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  • Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire.

    Nouriel Roubini
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    "Dr. Doom" by Stephen Mihm, www.nytimes.com. August 15, 2008.
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Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire. - Nouriel Roubini
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