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On this morning’s investment call held for subscribers, we discuss how the United States is on the precipice of imploding as fiscal cliff talks melt down along with the stock market. While the rest of the world’s markets ignore the turmoil in America, the S&P 500 is down -1.5% pre-market as futures sell off across the board. We also discuss how commodities continue to decline, the risk and the range of trading US Treasuries and the interaction between the FX markets and the US political landscape.