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Wiedemer: US Treasurys Now a ‘Toxic Asset,’ Debt Deal Won’t Fix It

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Wiedemer: US Treasurys Now a 'Toxic Asset'
Economist and best-selling author of "Aftershock" Robert Wiedemer warns that even if a debt deal is completed, the United States will likely still lose its AAA rating. He also says U.S. debt has now become a "toxic asset" and that the repercussions of America's precarious financial situation will be severe on investors and even China.
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