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How Congress could spark a credit crisis (via CNN Political Ticker)

July 22, 2011

NEW YORK (CNNMoney) — Could a failure to raise the debt ceiling spark the same kind of credit crisis that plunged the global economy into a recession in 2008? Short answer: Yes. That's exactly the situation some experts are warning the United States will find itself in if the Treasury Department were to miss interest payments. … Read More

via CNN Political Ticker

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