IMF Says U.S. Lacks 'Credible Strategy' On Debt
In what The Financial Times describes as an "unusually stern rebuke," the International Monetary Fund says that the United States "urgently" needs a "credible strategy to stabilize public debt."
An IMF analysis points to the United States as the world's "only large advanced economy" - with the exception of earthquake-ravaged Japan - that's looking at an increased deficit this year.
Posted by: Zebulon Thranter9685 2011-04-13 |