VIDEO: Lagarde: US fight could be catastprophic

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A prolonged fight in the U.S. over raising the debt ceiling or an outright default could send the global economy spiraling lower, warns International Monetary Fund Managing Director Christine Lagarde. Conway G. Gittens reports.

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1 Comment

  1. wheels

    Jan 17, 2013 at 2:47 pm

    The obonehead spending campaign needs to be broght to a halt or this country will end up in the same condition anyway. Up the creek without a paddle. If the debt ceiling is raised the demoncats along with their leader obonehead will just keep spending our way to oblivion. Stop the spending now anyway it can be done.