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US economy faces strong headwinds: Aditya Birla Group

PUBLISHED ON: August 12, 2011 | Duration: 8 min, 08 sec

  
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Dr Ajit Ranade, chief economist at Aditya Birla Group, says the US situation post the S&P's downgrade of credit ratings is somewhat serious because of continuing high unemployment and a large section of US home mortgages being still below water.
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