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Frankfurt, Germany (UPI) Aug 9, 2010 - The first half of this year was spent worrying about Europe and sovereign debt but in the second half the focus has shifted elsewhere. Optimists worry about the United States and the withering of the once-fabled American job machine. Pessimists worry about a housing bust in China. The problem is that all three are right. Europe still faces a debt problem and a banking crisis. ... more
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