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JONATHAN CHAIT AUGUST 2, 2011

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-- The People's Daily says that the U.S. has merely "pushed off" its sovereign debt problems.

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How George Will lost his mind.

-- The nation turns its eyes to the Fed.

-- Extortion: it works and it's staying with us

-- The debt ceiling may be resolved, but there's still the unresolved crisis in Europe dampening the markets.

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