On the recordJuly 13, 2011
This would be very bad for jobs.
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congress.govThis would be very bad for jobs.
Bernanke warns that raising interest rates due to default would negatively affect job growth.
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Right now our concern is that the Chinese currency policy is blocking what might be a more normal recovery process in the global economy, and it is to an extent hurting our recovery.
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the worst financial crisis in global history, including the Great Depression.