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Old 07-14-2011, 09:07 PM
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Riot Riot is offline
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Quote:
Originally Posted by joeydb View Post
I do know that. But when you hear "raise the debt limit and protect the credit rating", you still have all this debt and we need to really start paying it back, which will never happen as long as we keep borrowing.
We can pay it back, but not if we allow default. Default will send our interest rates on the debt we already have skyrocketing. Then we'll never be able to pay it back.
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