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Double Dip or No Double Dip for U.S. Economy

  • Broadcast in Finance
Numbers Man

Numbers Man


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Australia election resulted in hung parliament,first one since 1940. Australian dollar and government bonds both fell in value. The Australian dollar lost almost 1% against the US dollar in early trading, before recovering somewhat. Intel, announces a deal to buy the security technology firm McAfee for $7.68bn. Congressional Budget Office Director Douglas Elmendorf on CBO estimates and the long-term effects of high debt levels on the U.S. economy and unemployment rates