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NATIONAL ECONOMY: What’s in the debt debate?

Published 07/16/2011, Grand Forks Herald

Jury is out on how default will impact Red River Valley
Economists and analysts speculate that failure to raise the federal borrowing limit could lower the country’s credit rating, spike interest rates and cause ripples in the stock markets over America’s tenuous financial footing. But what would it mean for the Red River Valley?

Word count: 942

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