{"id":273107,"date":"2010-02-03T11:46:00","date_gmt":"2010-02-03T16:46:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/evercore-ceo-altman-obamas-deficit-will-cause-an-international-currency-crisis-in-the-next-two-years-2010-2"},"modified":"2010-02-03T11:46:00","modified_gmt":"2010-02-03T16:46:00","slug":"evercore-ceo-altman-obamas-deficit-will-cause-an-international-currency-crisis-in-the-next-two-years","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/273107","title":{"rendered":"Evercore CEO Altman: Obama&#8217;s Deficit Will Cause An International Currency Crisis In The Next Two years"},"content":{"rendered":"<p>Roger Altman, the CEO of boutique investment bank Evercore and former Clinton Deputy Treasury Secretary, has some harsh words about Obama&#8217;s new budget. He flat out calls the projected debts &#8220;not viable&#8221; over the medium or long term.<\/p>\n<p>One of two things will happen, he says: Either the government will address this pro-actively, or in the next two years, we&#8217;ll have a financial market revolt leading to massive instability in forex.<\/p>\n<p>\n<object id=\"cnbcplayer\" classid=\"clsid:D27CDB6E-AE6D-11cf-96B8-444553540000\" width=\"400\" height=\"380\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=9,0,0,0\"><param name=\"type\" value=\"application\/x-shockwave-flash\" \/><param name=\"allowfullscreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"quality\" value=\"best\" \/><param name=\"scale\" value=\"noscale\" \/><param name=\"wmode\" value=\"transparent\" \/><param name=\"bgcolor\" value=\"#000000\" \/><param name=\"salign\" value=\"lt\" \/><param name=\"movie\" value=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1403560870\/code\/cnbcplayershare\" \/><embed type=\"application\/x-shockwave-flash\" width=\"400\" height=\"380\" src=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1403560870\/code\/cnbcplayershare\" name=\"cnbcplayer\" pluginspage=\"http:\/\/www.macromedia.com\/go\/getflashplayer\" allowfullscreen=\"true\" allowscriptaccess=\"always\" bgcolor=\"#000000\" quality=\"best\" wmode=\"transparent\" scale=\"noscale\" salign=\"lt\"><\/embed><\/object>\n<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/evercore-ceo-altman-obamas-deficit-will-cause-an-international-currency-crisis-in-the-next-two-years-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-vast-majority-of-government-deficits-people-hate-was-caused-by-the-bush-era-2010-2\">REMINDER: The Vast Majority Of The Government Deficits People Hate Comes From Bush&#8217;s Wars And Bush&#8217;s Tax Cuts<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-us-is-bleeding-money-producing-pennies-and-nickels-that-cast-more-to-make-than-theyre-worth-2010-2\">The US Is Bleeding Money Producing Pennies And Nickels That Cost More To Make Than They&#8217;re Worth<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/heres-why-attempts-to-cut-the-deficit-will-definitely-make-the-nation-poorer-2010-2\">Here&#8217;s Why Attempts To Cut The Deficit Will Definitely Make The Nation Poorer<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/aqA7C0nb3-w\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Roger Altman, the CEO of boutique investment bank Evercore and former Clinton Deputy Treasury Secretary, has some harsh words about Obama&#8217;s new budget. He flat out calls the projected debts &#8220;not viable&#8221; over the medium or long term. One of two things will happen, he says: Either the government will address this pro-actively, or in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-273107","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/273107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=273107"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/273107\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=273107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=273107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=273107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}