CSPAN Capitol Hill Hearings December 16, 2011
would be circumscribed by the fact that the main counterplot to those -- counterpart would be swapped. they could print the year rose to buy the dollars to repay those loans. thank you. >> thank you. >> members of t subcommittee, thank you for inviting me to testify. the eurozone is teetering on collapse. because of the problem is excessive government spending and leading to excessive government debt coupled with slowed gdp growth. the largest european countries are expected to have gdp growth at 1.3% for 2012. the imf has also produced a long-term rl gdp forecast in which they have ...