Battle over the debt ceiling rages; Bernanke warns economy still too weak

Tuesday, January 15th 2013 - 06:49 UTC

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Federal Reserve Chairman Ben Bernanke urged US lawmakers to lift the country's borrowing limit to avoid a potentially disastrous debt default, warning that the economy was still at risk from political gridlock over the deficit. Read full article

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Rufus
Oh, are we warming up for the next crisis-panic-over-the-cliff-desparation-last-minute same-old-solution to the same old problem already?

And people wonder why the financial markets think that one of these days the US economy is going to dissapear up it's own backside when they overdo their brinksmanship and it turns into an outright death spiral.
Jan 15th, 2013 - 05:30 pm - Link - Report abuse 0
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