DailyMarkets.com - US Fiscal Cliff To Shape 2013 |
| Posted: 29 Sep 2012 11:39 PM PDT The automatic tax hikes in the US at the end of the year could have serious consequences. Central planners more than likely get it wrong. Congress may struggle to limit the damage. Let’s review. COMMENTS: No wonder US Federal Reserve Chairman Ben Bernanke was worried, and went with QE3000+. We believe the US dollar may be beaten, down, but not out. Watch it closely. The worse case scenario is a Obama win with Republicans controlling congress (c/- JP Morgan). USA ‘Fiscal Cliff’ is $1.2 … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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