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Debt Deal Is Meaningless

Sun 31 Jul 11 | 11:00 PM ET
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Debt Deal Is Meaningless

Sun 31 Jul 11 | 11:00 PM ET
Kumar Palghat, Director at Kapstream, compares the raising of the debt ceiling in the U.S. to an extension of a credit card limit. He believes this will cause a lot of headaches and uncertainty for the markets.
 
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