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CBO Congressional Report- U.S. Could Face European-Style Debt Crisis
Posted on June 23, 2011 at 09:04 AM EDT
How about the accounts sticking to accounting. Just in case you thought there was any hope: But most ominously, the CBO report warns of a “sudden fiscal crisis” in which investors would lose faith in the U.S. government’s ability to manage its fiscal affairs. In such a fiscal panic, investors might abandon U.S. bonds and force the [...]
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