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US needs to control deficit for recovery: Advent Advisory

PUBLISHED ON: August 9, 2011 | Duration: 16 min, 34 sec

   
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KR Bharat of Advent Advisory Services said it is impossible to predict where the markets will go from here unless there is some commitment on the part of the US to try and control its fiscal deficit. The US has a debt to GDP ratio of 95 per cent.
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