Memo: If failing to raise the debt ceiling technically doesn't trigger a default, but world financial markets react negatively, it's BAD.
@Jstoner64 If the world financial markets tank that would be bad. That was all I was saying.
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@DavidMDrucker why bad? They've gone straight up for 3 years and Economy stinks, debt and deficits are worse. -
@Jstoner64 retirement accounts, interest rates, property values. -
@DavidMDrucker asset reflation via $3Tril Bernanke bucks does not equal Econ health. Increases LT risks.
End of conversation
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