Tuesday, May 31, 2011

U.S. Has Binged. Soon It’ll Be Time to Pay the Tab.

It is indeed strange that experts from academia (and economic think tanks) are now crying wolf about exploding sovereign debt crises--years after the blogosphere has been declaring the same "unsustainable" scenarios.  Thanks to Kitty for finding this article from the conservative, right-wing New York Times .

http://www.nytimes.com/2011/05/29/business/economy/29gret.html?_r=1&ref=economy

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