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The Crash (via P U L S E)

May 4, 2011

The Crash On May 2, 2011, US Treasury Secretary Timothy Geithner sent his third ultimatum to Congress noting that the US is set to reach its statutory debt limit of $14.3 trillion by May 16, and unless the ceiling was raised by August 2, the country could face default. ‘The economy is still in the early stages of recovery,’ he warned, ‘and financial markets here and around the world are watching the United States closely.  Delaying action risks a loss of c … Read More

via P U L S E

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