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Posted by on Jan 14, 2013 in Economy, Featured, Politics | 9 comments

Obama Warns of Crisis Unless Debt Ceiling is Raised

Obama warns of crisis unless debt ceiling is raised (via AFP)

President Barack Obama warned of a new economic crisis Monday and said global stock markets would go “haywire” unless Republicans in Congress agree to raise the US sovereign debt ceiling. “To even entertain the idea of this happening, of the United States of America not paying its bills, it is irresponsible…

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