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The US government shutdown – any end in sight?

What a joke.

Really, there isn’t anything else that can be said about the latest fiscal crisis in the United States. With the federal government shutting down most operations on the 1st of October, as the House of Representatives (controlled by the Republicans) and the Senate (controlled by the Democrats) couldn’t agree on a Continuing Resolution for the 2014 fiscal year.

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U.S. debt ceiling under scrutiny

“I have a more fundamental question. Why do we have a debt limit in the first place?”

More than two years have elapsed since former Chairman of the Federal Reserve, Alan Greenspan, expressed this sentiment – and it is still a question that begs answering.

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