Obama Recovery From Bush Slump Proves No Morning in America Yet
The level of debt held now by governments, the financial industry and especially consumers remains a greater drag on the US than in 1983, Reinhart said Jan. 27 in a radio interview from Davos on “Bloomberg Surveillance” with Tom Keene and Ken Prewitt.
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EUR higher as Greek debt talks progress
The GBP consolidated against both the USD and EUR this morning as investors focus on US economic growth and the ongoing Eurozone debt crisis. The pound saw steep overnight losses against the JPY as the pair approached an all-time low, with the weakness …
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