After arguing against the decoupling hypothesis, I will address two apparent puzzles in the international financial accounts that might suggest that the United States faces different financial constraints than other countries. However, I will show that a careful analysis of the data reveals that the United States, in fact, faces a “reality” very similar to that of other countries.
You will find an openness and transparency that is not always seen elsewhere around the world and you will experience a genuine desire to share perspectives. You also find a country that is prosperous and wealthy; Australians enjoy a standard of living that relatively few people around the world enjoy.