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U.S. debt appears to be the global safe haven, even after S&P downgrade.
Policy makers look for innovative ways to unclog lending and encourage economy.
Companies hold back for fear of higher taxes, budget cuts in new year.
Policy makers from China to Europe are pressed to act to shore up the economy.
For third year in a row, the economy is expected to swoon, but avoid recession.
U.S. may take back role as main engine for global growth as China, Europe decelerate.
China and U.S. serve as buoys amid European crisis.