Tag Archives: Bloomberg Businessweek

Businessweek: Debt default will bring economic calamity, new depression

October 7, 2013

0 Comments

Anyone who remembers the collapse of Lehman Brothers Holdings Inc. little more than five years ago knows what a global financial disaster is. A U.S. government default, just weeks away if Congress fails to raise the debt ceiling as it now threatens to do, will be an economic calamity like none the world has ever […]

Continue reading...