Truthmatters
Diamond Member
- May 10, 2007
- 80,182
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- #41
What proof do you have that we will default on our debt? The treasury can pay it's bills, they receive money every day. They just won't be able to borrow more. As old debt is retired they can issue new debt, but only up to the debt ceiling. Default would be a political decision.The future cost of barrowing due to the facdt that the US has been willing to default on it debt.
You see it has never been done before and once its done the lenders now know some idiot political faction will do it again more readily.,
You are advocating we fuck up our credit score on purpose.
Just like in your own life it will have nothing but bad consequences for this country.
Once again you are foolishly believing the doomsday scenario's that your puppet masters are feeding you. You're the board equivalent of Baghdad Bob!
Oh so you suggest I should believe some internet poster over economists?