Higher Interest Rates Would Hobble U.S. |
| January 25, 2012 | January 2012 Bond Updates |
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A report in USA Today tells the results of a study by McKinsey Global Institute. As a percentage of GDP, the US cut its “private and public debt” by 16 points, since 2008, it says. That puts it tied with South Korea in the debt-cutting derby. |
| View more at: http://www.forbes.com/sites/greatspeculations/2012/01/23/higher-interest-rates-would-hobble-u-s/ |
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