IMF calls for US to cut deficits amid bond woes
· rte.ie
The US cannot grow its way out of mounting public debt without tax or spending adjustments, while China must pivot from export-led growth towards more domestic consumption, International Monetary Fund Managing Director Kristalina Georgieva said today.
The US cannot grow its way out of mounting public debt without tax or spending adjustments, while China must pivot from export-led growth towards more domest...