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Really? I'm not real enthusiastic about dragging politics into this, but i think the US Treasury is one elected religious fanatic away from declaring intrest us
by jfoutz 15y ago
Really? I'm not real enthusiastic about dragging politics into this, but i think the US Treasury is one elected religious fanatic away from declaring intrest usurious and declining to pay. "Fiscal Responsibility" seems to last until about 5 minutes after any given election.
I'm not saying the probability is big, but is 1% an unbelievable number? Just for reference, back in 2000 what odds would you have put on the US electing a black president before 2050? Back then, I thought that number was very close to zero.
I'm (obviously) not an analyst. I'm baffled at how they can predict return with much confidence 10 years out.
- gregpilling 15y agoAre you envisioning a real version of Nehemiah Scudder? In the Heinlein books, he is elected in 2012 ...