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Debt Threat 'Unimportant': Strategist

Tuesday, 9 Aug 2011 | 1:00 AM ET

"The real threat out there is protectionism. This debt thing is pretty jolly unimportant, it was unimportant before, it's unimportant now, it will be unimportant in the future. Don't worry about debt... worry about GDP, worry about the economy, that is the real problem," Roger Nightingale, strategist at Agency Partners told CNBC Tuesday.