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US Congress

America’s prolonged recession.

The summer debacle of debt crisis and the subsequent credit downgrade has discouraged lots of employers. Hiring froze in the month of August and no new jobs were added. The Feds have not given any new proposals if they will be doing something more for the economy. There is nothing on the table. Congress went […]

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S&P downgrades with a knock out punch to the US

S&P downgraded US Treasury debt from AAA to AA delivering a knockout punch to the groin. Weeks of political wrangling and bickering among members of Congress over Debt deal has taken its toll. The markets are taking it much better than expected as this is the first time in history US debt has been downgraded, […]

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