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Financial Times (December 14)

2012/ 12/ 15 by jd in Global News

There is growing belief that the fiscal cliff might be easier to solve after taking the end of the year plunge. “Both sides believe there would be little difference in terms of impact on the US economy between striking a deal on December 31 or waiting until January 4…. Such complacency is dangerous. The world is watching to see if the US can govern itself responsibly. No one has faith in Washington’s New Year’s resolutions.”

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