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Why US stocks can become finance’s Armageddon

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Why US stocks can become finance’s Armageddon

The big crisis coming soon is behind the corner. We also have the date, it’s in two weeks: the June 1stif Congress does not authorize new debts, the US Treasury will be out of money and accounting tricks to pay off its obligations, from employee salaries to interest and repayments on government bonds. Perhaps only a miracle, many already think, can avoid the implosion.

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