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Debt Mess Ahead? 5 Moves to Protect Your Cash

As America inches closer to hitting the debt ceiling, the financial markets have been reacting like a nervous Pekingese, skittering around unpredictably in a desperate attempt to avoid getting stomped on. The most you can say about both the stock and bond markets is that they’re “unstable,” looking for news to give them direction.

How should you alter your financial life in response to the U.S. government’s seeming inability to deal with its debt and chronic overspending?

CBS News gives us 5 tips