Is the bond crisis inevitable?

posted by
January 2, 2011
Human Events
by Patrick J. Buchanan  
Posted in Commentary

"With Christmas shoppers out in force and the stock market surging to a two-year high, talk is spreading that the long-awaited recovery is at hand. Perhaps. But gleaning the news from Europe and Asia as U.S. cities, states and the federal government sink into debt, it is difficult to believe a worldwide financial crisis that hammers governments, banks and bondholders alike can be long averted." (12/31/10)  


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