All of this explains why the US had such a formidable period of growth in recent years, despite the fact that household savings were close to zero, and why foreigners were willing to finance a record US current-account deficit of more than 5% of GDP – higher than it has been since 1929. That period is now over.
所有这一切都说明了，尽管美国人的储蓄几乎为零，为什么近年美国仍有这样高的增长，为什么外国人愿意为美国创纪录的超过5 ％（为1929年以来的最高）国内生产总值的赤字融资。而这一时期已经成为历史。