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If US Defaults, Stocks Fall 30%, GDP 5%: Credit Suisse | |
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July 28, 2011 In the very unlikely event that the United States defaults on its debt obligations, the country's economy would contract by 5 percent and stocks would fall by nearly a third, according to Credit Suisse. Source: http://www.cnbc.com/id/43907446?__source=RSS*tag*&par=RSS |
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