Soggy in NOLA
Diamond Member
- Jul 31, 2009
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haha TM, go back to the kid's table please. the grown ups are talking.
Do you favor default ?
It isn't going to happen.. it's just fear mongering.
Anyway, say I accept that logic... then that's even dumber because the argument is "we can't make the payments on the debt that we already have, so, we have to borrow more money". Which of course wil make the payments even higher, and then it follows that even more money will have to be borrowed.
That makes no sense whatsoever.