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NOTHING IS PERMANENT EXCEPT CHANGE

With $1.2 trillion needing to be rolled over this year, the threat of a funding crunch is rising.

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Recession risk is “muted” and below average even three years from now, according to Goldman Sachs economists. The 36 percent chance of a recession within three years is below historical averages. If the U.S. falls into recession, there’s a greater chance other countries will as well.  

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