Because although the United States experienced two major hurricanes, although the rise in oil prices reduced the real income of Americans by $654.38+040 billion, exceeding 654.38+0% of GDP, the real GDP of the United States increased by 3.5%, which attracted worldwide attention. However, the current account deficit of the United States has worried the whole world, reaching 6.4% of GDP in 2005, and it is still gradually expanding.

There is no historical experience to follow on how much negative impact the huge current account deficit in the United States will bring to the United States or the world economy. In the past 30 years, only small industrialized countries such as Australia, Denmark, Finland, Norway and Portugal have current account deficits exceeding 5% of GDP. In addition, few countries, whether industrialized or emerging, can maintain such a high current account deficit for more than five years. The United States is the only different country because it is: first, the United States is the largest economy in the world, and its economic strength is very important; Second, since the last trade surplus in the United States was 199 1 year (at that time, the current account surplus accounted for 0.7% of GDP), the current account of the United States has been in a deficit level and has continued to this day.