WSJ.com - Discussion of US overseas position.

WSJ.com - Does Overseas Appetite for Bonds Put the U.S. Economy at Risk?: "Much has been said in recent months about the growing U.S. budget, but less has been said about how the U.S. is managing the deficit, keeping the government functioning by selling Treasury bonds -- lots of them. But will these IOUs keep things running smoothly?"

Discussion between Nouriel Roubini and David Altig over the risks to the US from the current account position. Lots of very useful links.