Replying to Avatar zerohedge

YELLEN: U.S. DEFAULT WOULD RESULT IN 'UNPRECEDENTED ECONOMIC AND FINANCIAL STORM;' RESULTING INCOME SHOCK COULD LEAD TO RECESSION So just what the Fed wants
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Bauzen 2y ago

They can never pay the debt back… ever.

So not sure how raising the debt ceiling helps the situation.

The US Government has defaulted.

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