Quote:
Originally Posted by geeker2
Actually you don't. Just because the debt limit isn't raised it doesn't mean we will not make the interest payment on the debt.
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It does mean our credit rating is immediately and permanently impacted, and that interest rate has now skyrocketed. Let alone the impact on the world markets. Thinking there is no serious, long-term consequences is absurdly wrong.
So that's "actually, you do".