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Reply #74: Yes, but because the people in power will lose a LOT, they will NOT let it default
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Mon Jul-18-11 02:09 PM
Response to Reply #67 |
74. Yes, but because the people in power will lose a LOT, they will NOT let it default |
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Hence all the claims of a looming financial armageddon are moot, and this is reflected in the markets by NO CHANGE, because the marketeers all know what the Republicans all know, which is that the ceiling will be raised no matter what happens.
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