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The US $34 trillion debt deficit will drive inflation and worsen like global warming over the next 10 years, Bond King Bill Gross says
As the US relies on deficits for growth, debt will continue to compound, making it a serious problem the coming decade, Bill Gross said.
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US Debt to Worsen Like Global Warming, Driving Inflation: Bill Gross
As the US relies on deficits for growth, debt will continue to compound, making it a serious problem the coming decade, Bill Gross said.
Bill gross
Federal reserve
Terms of service
Research affiliate chris brightman
Wall street
Mi exclusive
Bill gross
S debt
Us deficit
Us debt default
Debt crisis
Federal reserve inflation
Avoiding a US debt crisis is economically easy, but politics stands in the way of urgent reform, research firm says
"Rising debt levels would, at some point, increase inflation and interest rates as well as depress real growth."
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Congressional budget office
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Chris brightman
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Us budget deficit
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