Quote by: John W. Snow

Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own domestic savings rates, so the issue here is to encourage higher savings rates in the United States.


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Author Bio


  • NameJohn W. Snow
  • Description73rd United States Secretary of the Treasury
  • BornAugust 2, 1939
  • CountryUnited States Of America