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If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone.
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Economists at Moody’s have concluded that even if the debt limit were breached for no more than a week, the U.S. economy would weaken so much, so fast, as to wipe out roughly1.5 million jobs.
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WASHINGTON If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America s economy would hardly sink alone.