The US and China: A grand bargain?
By Eswar Prasad Timothy Geithner, in his first foray into international economic affairs as US Treasury secretary, has kicked off a public row with the Chinese by accusing them of currency...
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Trillion dollar deficits are sustainable for now – unfortunately
Latest US spending programme could tip country into a recession. Getty Images By John H. Makin and Daniel Hanson An abrupt spending sequester at a rate of about $110bn per year ($1.1tn over 10 years)...
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