The U.S. Approaches Big Debt Danger Zone

The U.S. Approaches Big Debt Danger Zone Play

May 1 (Bloomberg) -- 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."

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