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Fed chairman Ben Benanke says US debt 'clearly unsustainable'

By on Sunday, February 5th, 2012 | No Comments

Fed chairman Ben Benanke says US debt 'clearly unsustainable' Although historical experience and economic theory do not indicate the exact threshold at which the perceived risks associated with the US public debt would increase markedly, we can be sure that, without corrective action, our fiscal trajectory will … Read more on Toronto Star Saba's Weinstein [...]

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Shiller Says U.S., Europe Debt Issues Hurting Confidence: Video

By on Saturday, October 1st, 2011 | No Comments

Shiller Says U.S., Europe Debt Issues Hurting Confidence: Video 27 (Bloomberg) — Robert Shiller, an economics professor at Yale University and co-creator of the S&P/Case-Shiller home-price index, talks about the US housing market and economy. The S&P/Case-Shiller index of property values in 20 cities fell 4.1 … Read more on Washington Post For investors, a [...]

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Bush to blame for US debt crisis, SC Rep. Clyburn says

By on Thursday, September 15th, 2011 | No Comments

Bush to blame for US debt crisis, SC Rep. Clyburn says By James Rosen and William Douglas House Assistant Democratic Leader Jim Clyburn blamed President George W. Bush on Tuesday for the mountain of federal debt the SC lawmaker said accumulated through two unfunded wars and tax cuts for the wealthy. … Read more on [...]

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