McAlvany Weekly Commentary

Don’t Let Them Bully You! The Debt Ceiling is NOT the Issue

Posted on 27 July 2011.

A Look At This Weeks Show:
-Debt ceiling arguments in Washington are merely a political game to distract us from the real structural issue (a 77 trillion dollar funding gap).
-Contrary to the propaganda, not raising the debt ceiling does not mandate a U.S. Debt default.
-A default by any other name is still a default and Greece DID default. Now what happens?

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