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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?


To: geode00 who wrote (56719)1/30/2006 4:14:03 PM
From: James Calladine  Read Replies (1) | Respond to of 362423
 
WHAT HAPPENS IF.....

in the case of the U.S. exceeding its debt limit, and is in
TECHNICAL DEFAULT and..

-- Congress for one or another reason drags it feet relative to a new debt ceiling

and

-- Foreign buyers DO NOT buy the next Treasury issues in the
required amounts........

WHAT THEN?????????????????????????????????????????

Namaste!

Jim