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True but the cost of getting it wrong is the American economy so let’s not get too clever for our own good like the mortgage crisis.
by blackflame7000 7y ago
True but the cost of getting it wrong is the American economy so let’s not get too clever for our own good like the mortgage crisis.
- Wowfunhappy 7y agoAnd the cost of the US defaulting on its debt would be...?
- blackflame7000 7y agoProbably something along the lines of the end of the soviet union followed by China taking over as the world reserve currency.
- jsnider3 7y agoGlobal Financial Crisis Part Two
- mc32 7y agoThey’d probably ex-post make it legal.