Congressman Jeb Hensarling - USA headed for same debt crisis as Greece - 4-29-10 10_26 AM.mp4

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Uploaded by on Apr 29, 2010

Hensarling opening statement at House Financial Services subcommittee hearing on sovereign debt and credit default swaps

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  • Greece, Spain, Portugal, Italy, Ireland, and others with sovereign debt crisis are only the notice of our own possible bankruptsy if/when China stops taking our credit. The Fed and Congress cannot save the world by printing more paper money.

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