US lurching towards 'debt explosion' with long-term interest rates on course to double
Tim Geithner, the US Treasury Secretary, has faced searching question about the growing US Budget deficit (Telegraph)
July 6, (Telegraph) -- The US economy is lurching towards crisis with long-term interest rates on course to double, crippling the country's ability to pay its debts and potentially plunging it into another recession, according to a study by the US's own central bank. . . continue reading.
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