If we are successful on these respective paths, public and private saving in the United States will increase as recovery strengthens, and as this happens, our current account deficit will come down.

如果我们在各自的路径上成功，随着复苏增强，美国的公共和私人储蓄将上升，并且随之，我们的经常账户赤字将减少。

youdao

The snag is that it would boost domestic saving and hence lead to larger current-account surpluses—the opposite of what America requires.

其缺陷在于可能造成国内储蓄激增，从而进一步扩大经常项目盈余——这和美国的期望背道而驰。

youdao

They have encouraged too much borrowing and too little saving. In America the overall result has been to widen the current-account deficit.

这鼓励了过多的借贷和过低的储蓄，在美国最终的结果就是加大了经常项目赤字。

youdao

Some numbers, such as the low saving rate and the colossal current-account deficit, suggest that the economy's course is unsustainable.

ECONOMIST: What will guide the new boss of America's Federal Reserve?

Since the current-account balance equals the net saving of the private and public sectors, a budget deficit boosts the external deficit.

ECONOMIST: America's current-account deficit

Instead, his legacy will linger in the shape of the biggest economic imbalances in American history: a negative household saving rate and a record current-account deficit (see chart 1).

ECONOMIST: Alan Greenspan