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(Reuters) ECB's Juergen Stark–U.S. has "enormous" debt problem

Posted on September 1, 2011 by Kendall Harmon

“The crisis is not over. Not just in Europe is it not over, it is also not over in other regions of the world,” he said, adding the United States had an “enormous” debt problem and lacked the structures to get the problem under control.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Economy, Europe, European Central Bank, Globalization, House of Representatives, Office of the President, Politics in General, President Barack Obama, Senate, The National Deficit, The U.S. Government