Economists Say US Must Prepare for "Savage Austerity" - VIDEO | WHAT REALLY HAPPENED


Economists Say US Must Prepare for "Savage Austerity" - VIDEO

Howard Davies, chairman of the London School of Economics, and Willem Buiter, chief economist at Citigroup Inc., talk about the potential impact of additional quantitative easing by the Federal Reserve on the U.S. economy. Davies and Buiter also discuss the U.K.'s economy, budget and financial industry. "Savage Austerity" in store for Americans...

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