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Commercial Member
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Joined Jan 2015
|2212 Comments
Another year of excessive spending while at full employment. In a healthy economy would be in surplus. With poor household savings and large fiscal deficit then small wonder the current account deficit is very large. USA must address its own deficits instead of blaming foreigners look into the mirror. These imbalances also pushing up the USD further through inflationary pressure. Very ugly picture for 2019.