Bloomberg News

The U.S. Approaches Big Debt Danger Zone

May 01, 2012

Bloomberg's Mike McKee reports that the U.S. and other developed economies with high public debt potentially face “massive” losses of output lasting more than a decade, even if their interest rates remain low, according to new research by economists Carmen and Vincent Reinhart and Kenneth Rogoff . He speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Running Time: 02:42

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