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The Looming Obama Debt Disaster

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Posted on May 15 2010 10:18 am
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by John Hinderaker

Is the United States Greece? The short answer is: not yet, but it will be if the Democrats remain in control in Washington for two more election cycles.

In the Telegraph, Edmund Conway summarizes a lengthy report by the International Monetary Fund on sovereign debt that came out today:

Read the whole thing (via Instapundit).

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