Luke Gromen: Debt will be repaid in less valuable currency, the US needs to cut a trillion dollars to balance the budget, and parallels to the 2008 financial crisis are emerging | The Peter McCormack Show

Escalating financial crisis mirrors pre-2008 era, with US budget cuts risking higher deficit-to-GDP ratio. The post Luke Gromen: Debt will be repaid in less valuable currency, the US needs to cut a trillion dollars to balance the budget, and parallels to the 2008 financial crisis are emerging | The