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The Debt Ceiling Looms, What Next? | Weekly Round Up

Inflection Point

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The Imposed Rate Policy: A Black Hole

Mark O'Mara: I think people are overconfident in their ability to forecast, particularly to forecast the activities of other people where you really don't have any control. He says he doesn't understand how they're going to walk this tightrope is the budget and the deficit. "If we need to spend more money on fishing boats or stopping wildfires ... that's not an environment for aggressive rate cutting"

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