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Joseph Quinlan, Michael O'Sullivan 'The US Economy And Financial System Performance And Prospects'

IIEA Talks

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The Debt Ceiling Drama: A Global Play

If there were to be a default, it would be an earthquake like events on a global basis, not just the United States. I'm surprised that dollar isn't weak as much as it has. The debt ceiling drama is a global play that played out on a very broad stage with a lot of consequences. It's no good or no fun beyond that slide downwards that we could be on if we don't get this reconciled soon.

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