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Is the Federal Government Buying Corporate Debt?
The U.S. is facing a fiscal crunch at some point in the next decady or two, says CNN's John Avlon. The benefit of taking on additional debt relative to economic growth and stimulus a doesn't actually outweigh cost of that debt, he argues. Avlon: Is the dollar really the safest place a to be? Does everyone really want to be dollar denominated if this is the circumstance we're going to be facing?