Economic Collapse

Treasury Dept. Warns Of Catastrophic Debt Default“A financial crisis and recession that could echo the events of 2008 or worse.” That’s the dire warning the Treasury Department issued Thursday about the possibility the GOP forced government shutdown could tumble into a debt default by the United States.
Economic Number Spin Begins In Pres. RaceThe 2012 general election is still in the early stages, but if the last 48 hours are indication; the election promises to be an especially brutal partisan fight between President Barack Obama and Republican challenger Mitt Romney.
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