To: ladyjane
What all this means is that we will Default.
If they are increasing the Debt ceiling they will spend it.
Interest Expense on the Debt exponentially expands, as higher interest rates finally come the money to pay the interest on the debt outstrips everything else.
Default is coming, no way out of the box now.
To: Captain Peter Blood
67 posted on
07/31/2011 6:29:54 PM PDT by
Errant
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