The CBO's Ticking Bankruptcy Bomb - Forbes (blog)

06/30/11

The CBO's Ticking Bankruptcy Bomb
Forbes (blog)
CBO projects that taking these effects into account would reduce real GNP by 2% to 6% by 2025, and 7% to 18% by 2035. In today's terms, a 2% to 6% loss of GNP would be roughly $300 billion to $900 billion in lost output, and a 7% to 18% shortfall would ...

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