#OpinionLine Today's imbalances are shaped not only by surplus countries, but also by a system that gives the principal deficit country exceptional capacity to absorb global savings and postpone adjustment. Major deficit economies, especially the #US, need to confront the

#OpinionLine Today's imbalances are shaped not only by surplus countries, but also by a system that gives the principal deficit country exceptional capacity to absorb global savings and postpone adjustment. Major deficit economies, especially the #US, need to confront the

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