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Abheek Barua & Shivom Chakravarti: Can we ignore the US fisc?
One thing that the European sovereign debt crisis has certainly achieved is diverting our attention from the US’ fiscal woes. Unfortunately, this is unlikely to last long. With the US gross government debt to GDP ratio breaching the 100 per cent mark in 2011, investor attention will at some point have to turn to the fiscal mess in America. A recent report by Capital Economics titled “Are
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