Probability of U.S. Debt Default `Next to Zero'

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Aug. 9 (Bloomberg) -- James Bevan, chief investment officer at CCLA Investment Management Ltd., discusses Standard & Poor's downgrade of U.S. debt and the outlook for the American economy. Bevan, speaking with Owen Thomas on Bloomberg Television's "Countdown," also talks about the potential for a downgrade of U.K. debt. (Source: Bloomberg)

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