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Posts tagged as “Lagarde”

Christine Lagarde Expresses “Huge Confidence” that US Will Not Default on Debt

Christine Lagarde expressed her “huge confidence” that the US will not default on its debt during an interview on CBS’ “Face the Nation” Sunday. She noted that if a debt default did occur, it would have a “very, very negative impact” both in the US and around the world. Lagarde discussed the global recovery and said that the US is a major leader in economic growth around the world and that it is important for the US to address the debt crisis in order to ensure a successful recovery.