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    Defaulting On Debt

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    • Don't see any reason for US downgrade: JPMorgan Chase

      Speaking to CNBC-TV18 in an exclusive, James Glassman, Senior Economist, JPMorgan Chase Bank, says that he doesn’t see any reason for the US downgrade. “The US budget deficit will soon be down to a sustainable range of 1-2% GDP level,” he says.

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