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America's Real Financial Crisis? It's Debt

US can't safely sell $700M in securities

By Rebecca Smith Hurd,  Newser User

Posted Sep 28, 2008 5:23 AM CDT

(Newser) – Washington must stop selling debt as its top export if it wants to solve today's financial crisis, Justin Fox argues in Time. Political talk of the nation's staggering $731 billion deficit often centers on trade pacts and exchange rates. But "if the US simply...   Read full story »

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