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The clock is ticking.  The US economy is tied to the railroad tracks, the train is due to arrive Tuesday 2nd August. The rescuers are dithering, arguing about tax hikes and entitlement cuts. An agreement was expected last week; now the unthinkable has become imaginable. A senate vote is scheduled for Sunday afternoon but the United States congress may well be too fractured and self-important to raise the debt ceiling in time. If they fail, how will this melodrama end?

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