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US Debt Crisis: Do Savers and Investors Pay the Bill?
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A debt crisis does not have to start with a default. For investors, it could be even more painful if the US continues to service its government bonds, but the money paid back is becoming less and less valuable. This is precisely the scenario described by a bond manager in conversation with André Stagge. His thesis: Rising interest rates and growing spending put the state under pressure – and [...] The post US debt crisis: numbers savers and inve…
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