he other night, I went to a drinks event for journalists at the British Embassy. Naturally, it was full of budget wonks who clustered around the bar, exuding pessimism the way gatherings of grandmothers exude hugs and Jean Nate. Everyone quizzed e…
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The Dubious Threat of a U.S. Debt Default
by Bears Chat at The Wall Street Examiner • • 0 Comments
A new study suggests it is highly unlikely that the Treasury would actually default on its debt beginning in early August if the White House and Congress fail to agree on a long-term deficit-reduction plan and an increase in the current $14.3 trill…
