Russ Banham, CFO Magazine
March 1, 2010
Recessions come and go, inevitably things get better. The fed punch bowl will be taken away in due time too. Whether it is a V or a check mark is not the real concern. Federal deficits and actual total US debt has been a concern for some time but now has reached critical mass! There are no easy answers or quick fix conferences to get us out of this dilemma. I'm afraid that the required painful choices will only come after a near default by the US gov as too many promises have been made to all. Therein lies the trouble ahead.
Posted by Carlos Holt | Mar 18, 2010 3:41 PM ET
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