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Ukraine’s capital hit by a barrage of Russian missiles

Anderson Cooper 360

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The Odds of a Default on Government Debt

During the period when the default was being debated in 2011, the stock market went down by a little more than 15%. Today, that would be in the range of $6 trillion. That's $20,000 for every American almost in wealth that at least for a time would be destroyed. "The right thing to do is to move on with this," he says.

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