debt ceiling

A road leads to the U.S. Capitol in Washington

Asia may be the winner as Europe and America kick the debt crisis can down the road, again

October 17, 2013Global Politics

Congress has narrowly avoided a global financial crisis by taking a cue from Europe. Both regions are kicking the can down the road, rather than finding lasting solutions. Short-term fixes, though, may lead to long-term decline for the West.

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