"Our view is that the current account deficit does not represent a threat to Argentina. It represents the success of Argentina"
Miguel Kiguel, Finance Secretary, Argentina, 1999.
"Today we are in a situation where sound, growth-enhancing policies in the U.S. have made it an extremely attractive place to invest. Because we are growing at such a rapid pace, we are generating more investment opportunities than our trading partners."
John Snow, US Treasury Secretary, Speech at Chatham House, November, 2004