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Overlooked amongst all of the talk about the “fiscal cliff” is the looming debt ceiling. While the collision course to come to an agreement on the “fiscal cliff” would have a negative impact on the US (and world) economy, failure to come to an agreement to raise the debt ceiling could in theory push the US into bankruptcy. Continue reading
2012-12-07 20:44:52
Source: http://blog.bmgbullion.com/uncategorized/chart-of-the-week-collision-courses/