Detailed text transcripts for TV channel - CNN - 20100704:17:01:00
This is happening in the united states, china, europe, and its turning into a test of two profoundly different views of economics. the first that is apparently being adopted by the g-20 countries says we have to start paying down our debts because otherwise the cost of borrowing money will get prohibitively high, today its greece, tomorrow its us. on the other side are those who are saying this is crazy, cutting government spending will cut the economy in a tailspin, it will lower growth, lower ...
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