World

The Worst Debt-Crisis Solution a Country Ever Concocted

Jan. 17 (Bloomberg) -- As the U.S. government lurches from crisis to crisis in resolving its long-term debt problems, Congress has debated a number of bad ideas, from indiscriminate spending cuts to minting a $1 trillion platinum coin. Plenty of countries have taken even less honorable roads to resolution, from devaluing their currency to outright default.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.