AlterNet.org
HOME
ABOUT
CONTACT
ADVERTISE
DONATE
LOGIN
SEARCH:
News & Politics
TEA PARTY AND THE RIGHT
ELECTION 2012
INVESTIGATIONS
NEWS & POLITICS
OCCUPY WALL STREET
World
WORLD
Economy
ECONOMY
LABOR
Rights
CIVIL LIBERTIES
GENDER
IMMIGRATION
Environment
ENVIRONMENT
FOOD
FRACKING
WATER
Media & Culture
BOOKS
CULTURE
MEDIA
Living
BELIEF
DRUGS
FOOD
PERSONAL HEALTH
SEX & RELATIONSHIPS
Activism
ACTIVISM
Visions
VISIONS
Education
EDUCATION
Stories by Ed Kemp
The U.S. and UK Are on the Brink of Debt Disaster
Posted on Jan 24, 2009, Source: Reuters
Soft measures won't cut it: We need widespread corporate defaults, debt write-downs, and inflation to reduce the burden of what we all owe.