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US Government, Companies Prepare for Unthinkable Default

Posted July 21st, 2011 at 1:00 pm (UTC-5)
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Top U.S. officials have repeatedly said the consequences of a possible default are so severe there is no alternative to raising the debt ceiling. But with less than two weeks to go until the August 2 deadline, key U.S. agencies and private financial firms are also planning for a worst-case scenario. The chief of the […]

Tags: , , , Posted in Americas, Economy, US

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