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
US lurching towards 'debt explosion' with longterm interestCourtesy Digg - Business & Finance Mon, 07/06/2009 - 17:40
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 Related itemsFed to regularly forecast rate changes
Fed to regularly forecast interest-rate changes
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