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Heiner Flassbeck on the US Budget Conflict
Heiner Flassbeck
The current ceiling of $16.7 trillion (12.4 trillion Euros) will be reached on October 17. If the political camps cannot agree on a new upper limit, the largest economy of the world will be insolvent – with possibly disastrous consequences for the world economy. This October 2013 interview is translated from the German on the Internet, http://www.taz.de/!124909/.]

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