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Clock Ticking On US Debt Ceiling Decision: Peter Elston

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October 8: Peter Elston, Head of Asia-Pacific Strategy and Asset Allocation at Aberdeen Asset Management Asia, says both sides of the US Congress need to be in agreement on the debt ceiling to avoid a debt default. The debt default would have disastrous implications for the US, he says, adding that he hopes common sense will prevail on both sides to avoid this situation.