IMF Warns US And Other Developed Nations Of Unprecedented Austerity

Posted by Tux De Luxe at 13:29 21/03/2010
IMF Warns US And Other Developed Nations Of Unprecedented Austerity: "The need for a new and tremendous belt-tightening by the US government and the costs of the recession to consumers is about to hit like a tidal wave. And the drops in government services to individual citizens and businesses could be unprecedented. Deficits in this country and elsewhere have become that large a burden.
America is in for a generation of privation [...]



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