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Tuesday, October 5, 2010

Bernanke warns of devastating economic collapse

US deficit is 'real and growing' threat

  • October 5th, 2010 1:10 pm ET

Fed Chairman Ben Bernanke warned on Monday that there is a "real and growing" threat that skyrocketing U.S. debt will cause a catastrophic economic implosion if swift, bold action is not immediately taken to stop the fiscal insanity in Washington.



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