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How Scary Is Our Deficit?Ñ–?Essay Preview: How Scary Is Our Deficit?Ñ–?Report this essayOur Money, Our Debt, Our ProblemBrad Setser and Nouriel RoubiniThe U.S. current account deficit — the gap between what the United States earns abroad and what it spends abroad in a year — is on track to reach seven percent of GDP in.