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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 684.84+0.6%4:00 PM EST
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To: DebtBomb who wrote (22194)7/27/2011 3:17:51 PM
From: Gary1051 Recommendation  Read Replies (1) of 220518
 
And it could be sick for a long time. I think there is a serious chance that a debt deal will not be reached. Obama and Reid are seriously underestimating their opposition who hold the cards in my opinion. The national debt will double between 2006 ($8 Trillion) and 2012 ($16 Trillion). Obama want to raise the debt ceiling. His opposition wants to get spending under control.
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