Dallas Fed President Fisher: U.S. May Be Approaching Insolvency Tipping Point, Fix Will Be ‘Painful’

| March 22, 2011

The United States is on a fiscal path towards insolvency and policymakers are at a “tipping point,” according to Dallas Federal Reserve Bank President Richard Fisher. “If we continue down on the path on which the fiscal authorities put us, we will become insolvent, the question is when,” Dallas Federal Reserve Bank President Richard Fisher said in […]

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