Lacking in saving and wanting to grow, America must import surplus savings from abroad. And to attract that foreign capital, it has no choice but to run equally large balance-of-payments deficits.
储蓄不足又想增长，美国就必须从国外进口储蓄盈余。而要吸引外国资本，唯一的办法是保持等量国际收支赤字。