Reason.tv | 3 Reasons Why The Debt-Ceiling Debate is Full of Malarkey
Hitting a debt limit is not the same as defaulting.
The Economist | America’s debt: The debt ceiling and default
Failure to raise the debt ceiling need not entail default; but it would still ding Uncle Sam’s credit rating.
A more in depth discussion on the limit vs. default issue. I have not yet fully evaluated it.
YouTube | Clean Comedy from Tim Clue – Debt
This is how Congress has been behaving for quite some time. Creditors may start to call soon. Read the rest of this entry »
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