Get used to more weeks like this, the fight over US debt will be a long, bitter struggle. As I write this article, it looks like there may be a short term deal to raise the debt ceiling this weekend avoiding financial catastrophe for the time being. A bigger deal is supposedly being negotiated however this row has been on-going for more than two years and so I am skeptical of any grand bargain.
The longer and more bitter the dispute becomes the more difficult it is for either side to eventuall…
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