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Posts Tagged ‘business’


Economic Impact of Debt Default

According to a study by the United States Treasury if the United States government does not raise the debt ceiling the economic impact of debt default will be catastrophic, will last for decades, and will likely plunge the nation into a recession as bad as the Great Depression. Despite the gravity of a potential debt […]

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Less Available Credit from European Banks

As self-imposed austerity measures drive the Euro Zone back into recession, economies across the world worry about less available credit from European banks. As the Euro Zone increases its lending limit again the EU is focusing on keeping its own economies afloat. However, the big Euro Zone banks have traditionally had customers all across the […]

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