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Facing the fiscal cliff

Apr 18 2012  On January 1, 2013 automatic spending cuts and tax rises come into effect in the US. This will slash the budget deficit but lead to a recession if it goes ahead. Investors are already worried, but fears are likely to grow as crunch time nears, says James Mackintosh, investment editor.  (2m 44sec)
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Produced by Darryl Thomson. Filmed by Rod Fitzgerald.
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