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What it would mean for the global economy if the US defaults on its debt

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By Paul Wiseman | The Associated Press WASHINGTON (AP) — If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone. The repercussions of a first-ever default on the federal debt would quickly reverberate around the world. Orders for Chinese factories that sell electronics […]

The post What it would mean for the global economy if the US defaults on its debt appeared first on The Sacramento Observer.

Source: The Sacramento Observer

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