socialist_n_TN
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Apr-14-11 10:43 PM
Original message |
Will Wall Street allow the Republicans....... |
|
to NOT raise the debt ceiling? I don't see that happening since it would be against their interests. They're capitalists after all. The DEFINITION of capitalist (or one of them anyway) is making money off of money. Failure to raise the debt ceiling would stop the debt and credit system in it's tracks.
|
valerief
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Apr-14-11 10:46 PM
Response to Original message |
1. Iran will "bomb" us and the problem will go away. nt |
DJ13
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Apr-14-11 10:59 PM
Response to Original message |
|
If the debt ceiling isnt increased the Treasury defaults, sending the bond markets tumbling and the stock markets would collapse around the world as a result.
|
DU
AdBot (1000+ posts) |
Fri Apr 26th 2024, 06:34 PM
Response to Original message |