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Alan Zemek

Common Currency: U.S. remains in international 'driver's seat'

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Fiscal cliff, debt ceiling, spending sequester, continuing resolution.

It seems the new year is going to look a lot like the old year, where thought and time is frozen in place like an ancient mountain glacier that shows no perceptible movement as it carves out a valley, until the internal pressure of gravity and mass inevitably overcomes the friction of inertia, and the whole thing suddenly lurches forward, the leading edge breaks off, crumbles away, and falls into the sea.


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