Wednesday, October 9, 2013

Understanding the Debt Ceiling


[ed. A good explanation of the ongoing (and self-manufactured) political crisis involving the impending 'debt ceiling'. I wonder (after all the Wall Street bailouts) if people aren't just too enured or cynical about the Too Big to Fail concept to see the danger in a U.S. default. See also: Understanding the Game Being Played in Washington, and The Most Likely Debt Ceiling Outcome.]
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