In what The Financial Times describes as an “unusually stern rebuke,” the International Monetary Fund says that the United States “urgently” needs a “credible strategy to stabilize public debt.”An IMF analysis points to the United States as the world’s “only large advanced economy” – with the exception of earthquake-ravaged Japan – that’s looking at an increased deficit this year. Â Further, the IMF’s April 2011 World Economic Outlook, reads:
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=112575