Wednesday, July 13, 2011

Economy: US Default Inevitable: Fund Manager .. U.S. default isn't a matter of "if" but "when"..?

"If you look at how China is seeking to control debt in Europe and marginal debt in the U.S., which is strategic ownership, the position becomes more precarious for America," he said. "If I was an American in the White House, I'd feel safe militarily but fiscally I am very vulnerable."
Economy: US Default Inevitable: Fund Manager - click  for  more..

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