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The issue is credit ratings. The agencies which set them may view this as a selective default. I too doubt they'll miss a debt payment (our debt payments aren'
by gte910h 15y ago
The issue is credit ratings. The agencies which set them may view this as a selective default.
I too doubt they'll miss a debt payment (our debt payments aren't hard at all, they were worse in the 90's), but I am fearful of the SS cutoff that might happen being considered as a Selective Default.