Bond market "vigilantes" that have struck Europe could confront the U.S. "if we keep on running...

|By:, SA News Editor

Bond market "vigilantes" that have struck Europe could confront the U.S. "if we keep on running very large fiscal deficits," Nouriel Roubini says. “Chances are, they are going to wake up in the United States in the next three years and say, 'this is unsustainable.'" He fears U.S. deficits may persist amid a stalemate between high-spending Democrats and low-taxing Republicans.