Thread: Economics The Fiscal Cliff Approacheth
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Old 12-03-2012, 07:45 PM   #360
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Quote:
Originally Posted by patteeu View Post
The debt ceiling doesn't prevent the government from paying it's debts, I prevents government from making new debt.
Wrong. It causes us to default on our debts and cost us billions and billions more in interest we will never get back.

But I see what your doing.....Let's default, ruin our credit rating...the international banks get to charge us billions and billions more and the 1% make tons more money.
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