International capital is happy to be funding the US current account deficit and buying into their stretched markets because, relatively speaking, there is a lack of good alternatives.

• 暂时来说,由于国际资金没有其他更好的出路,所以即使资产价格偏高,也乐于继续投资于美国市场,亦间接为美国的往来帐赤字提供融资。