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U.S. current account deficit rises to $100.3 billion

2 Comments
By JOSH BOAK

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Extortion in the form of higher taxes and fines is all the US has left.

0 ( +0 / -0 )

"The deficit widened because fines collected by the U.S. government from foreign institutions fell to $27.8 billion from $40.1 billion in the previous quarter, a 31 percent decrease. In the April-June period, the government had fined the French bank BNP Paribas $9 billion for violating sanctions against Iran, Sudan and Cuba."

Insufficient extortion? So, this says US depends on fines and penalties?

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