03/08/2011 - 09:02

Analysis: US kicks the debt can down the road

03/08/2011 - 09:02

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Going broke slower. Those three words sum up what happened in the U.S. this week and explain why stock markets keep falling and gold keeps rising. No amount of celebrating the avoidance of an immediate default can mask the fact that the U.S., like much of Europe, is spending more than it earns.

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