Wednesday, November 18, 2009

Obama: Too much debt could fuel double-dip recession


Wed Nov 18, 2009 6:14am EST | Reuters

BEIJING, Nov 18 (Reuters) - President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession.

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