Wednesday, May 23, 2012

US economy continues to deteriorate, despite the “Less Bad” rally.

1) US Fiscal Weakness Is Not Grasped by Markets, Kotlikoff Says

“Sept. 9 (Bloomberg) — Financial markets don’t fully grasp the extent of deterioration in the U.S. fiscal position burdened with rising health-care and Social Security costs, Boston University economics professor Laurence Kotlikoff said.

“The potential for the U.S. fiscal crisis to kick [...]



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