Tuesday, May 31, 2011

Suddenly, The "Unthinkable" Debt Ceiling Solution Is Becoming Mainstream (Default)

Suddenly, The "Unthinkable" Debt Ceiling Solution Is Becoming Mainstream (Default): "It was just in early April that were shocked to hear Chris Whalen argue for an intentional technical default on US debt.

At the time this seemed like an obviously out-there viewpoint, but in just a matter of weeks, the Whalen view has moved a lot closer to the mainstream."

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