Analysis – U.S. fiscal cliff looms | Reuters

The euro zone has stepped back from the brink of disaster for now, but the global economy could soon be staring into another abyss if U.S. politicians fail to head off $600 billion 369.54 billion pounds in automatic austerity that all but guarantees a new recession.

via Analysis – As worst euro fears fade, U.S. fiscal cliff looms | Reuters.

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