CUT RATES NOW OR CAUSE A RECESSION SAY INVESTORS
America is the world’s largest debtor. Treasury secretary Janet Yellen says the debt, now more than $35 trillion and just about equal to the annual economic output of the country – its GDP – is manageable so long as it stays at its current relation to the rest of the economy. Which it won’t.
Deficits Flow, Debt Rises
The Congressional Budget Office says a…