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STATE BUDGET DEFICITS back to topic

Why the Debt Crisis Is Even Worse Than You Think

If Washington is deadlocked now, how will it deal with the much bigger debt problems that lurk in the decades to come?

BusinessWeek. Added by Gabriel Sham on July 30, 2011

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Emily Sanders shared a reaction in International Finance 689 days ago

“Britain had a huge national debt after WW2, but managed in the end to pay off the war debt. People should not panic.”

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George Mattathil shared a reaction in US Economy 690 days ago

“National debt is a singularly bad way of measuring the nation’s financial condition.”

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