Goldman Shows What Happens If We Fly Off The Fiscal Cliff

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics International Video Latest Wednesday, May 16, 2012 Goldman Shows What Happens If We Fly Off The Fiscal Cliff How big of a hit would the economy take if we flew off the fiscal cliff? A new note from Goldman's Alec Phillips walks through various scenarios ranging from everything extended (all stimuli and tax cuts) to everything expires (all the spending cuts and tax hikes kick in). The worst case scenario: If everything expires, and we runs straight off the fiscal cliff, a hit of about 4% to GDP. Read » Also On Money Game Today: The US Economy In One Simple 'Swirlogram' STOCKS FALL AGAIN: Here's What You Need To Know JEFF GUNDLACH UNVEILS ANOTHER WILDLY CONTRARIAN TRADE Natural Gas Prices Are Surging, Up 5% Advertisement CHART OF THE DAY: Greece's Stock Market Crashes 4.5% In A Matter Of Seconds Following Collapse Of Government Talks CHART OF THE DAY: Greece's Stock Market Collapse Vs. The Crash Of 1929 CHART OF THE DAY: The Decline Of Safe Government Debt Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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