From the early 1990s through 2008, the U.S.

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From the early 1990s through 2008, the United States' current account was negative, meaning that U.S. imports of goods and services exceeded exports. This resulted in a deficit in the balance of payments, as the U.S. had to borrow money from abroad to make up for the shortfall. The capital account, on the other hand, was generally positive during this period, as foreign investors continued to invest in U.S. assets such as real estate and businesses.

From the Early 1990s Through 2008, the U.S