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Peterson Perspectives
Interviews on Current Issues

The Shadow Cast by US Debt

February 18, 2011

Carmen M. Reinhart discusses how history teaches that large public and private debt impedes economic growth, a lesson that the United States must heed in the years ahead.





RELATED PUBLICATIONS

Congressional Testimony: Lifting the Crushing Burden of Debt Testimony before the hearing "Lifting the Crushing Burden of Debt" of the US House of Representatives Committee on the Budget
March 10, 2011


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