US Deficit Is a ‘Ticking Time Bomb,' Citadel Securities President Says
By and Bernard Goyder
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Citadel Securities President Jim Esposito said the US deficit and mounting government debt levels are a 'ticking time bomb,' adding his voice to the chorus of financial executives soundings warnings about America's deteriorating fiscal outlook.
Esposito, who joined Citadel Securities from Goldman Sachs Group Inc. last year, said how President Donald Trump's administration responds to the situation will be 'super important.'
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