If the US will not run large and persistent current account deficits, countries such as China, and probably Germany and Japan, will not be able to run large and persistent current account surpluses.

• 如果美国不采取大规律、稳定性流通账户赤字的话，那么诸如中国、或许德国和日本等国，将不能采取大规律、稳定性流通账户盈余。