The federal government faces “a trifecta of headaches: a mountain of new debt, a balloon of short-term borrowings that come due in the months ahead, and interest rates that are sure to climb back to normal as soon as the Federal Reserve decides that the emergency has passed.” Still, the NYT’s Paul Krugman warns that a phantom debt menace could hinder our nation’s economic recovery.
The New York Post reports that JPMorganChase CEO Jamie Dimon is being rumored as a potentialSource: Think Progress RSS Feed
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