Salient to Investors:
Steven Hansen at Econintersect writes:
The US economy could be in the zone of the no win scenario as the debt load itself works against the economy outgrowing the debt. No scenario being discussed will the US be reducing the debt: it will just continue to grow.
The US is faced with several paths, and all when extrapolated lead to failure. The US cannot contract its way out of this debt crisis.
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