Blanchflower Says U.S. `Willing' to Default on Debt

July 28 (Bloomberg) -- David Blanchflower, a professor at Dartmouth College and Bloomberg Television contributing editor, talks about negotiations among lawmakers on raising the U.S. debt ceiling and reducing the federal budget deficit. Blanchflower also discusses the performance of U.S. bond markets. He speaks with Tom Keene on Bloomberg Television's "Surveillance Midday." (Source: Bloomberg)