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If US Defaults, Stocks Fall 30%, GDP 5%: Credit Suisse
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If US Defaults, Stocks Fall 30%, GDP 5%: Credit Suisse

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If US Defaults, Stocks Fall 30%, GDP 5%: Credit Suisse

In the very unlikely event that the United States defaults on its debt obligations, the country's economy would contract by 5 percent and stocks would fall by nearly a third, according to Credit Suisse.

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