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US debt ceiling brinkmanship stops (just) short of the brink

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 27, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Apparently, the term “brinkmanship” came widely into use during the Cold War, when both sides sought to push their opponent to the brink of outright war in order to convince them to back down. Nowadays, it seems like the term is most often used in a political context, especially when the US approaches its debt ceiling, as it is once again. While few informed traders actually believe that the US will outright default on its debt, lingering concerns about the Treasury running out of money after

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