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US political wrangling 'threatening to discredit treasuries'

Natasha Browne looks at the impact of austerity on US government debt

20 March 2014 •

Stock markets tumbled when the US government closed down for two weeks last year after the White House and the House of Representatives clashed heads over whether or not to raise the debt ceiling.

There have been a total of 18 shutdowns in the past 30 years. US political commentator and former partner with Washington-based law firm Covington & Burling Andy Friedman is worried persistent incr...

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Natasha Browne

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