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Message
re: What Actually Happens Oct. 17th
Posted on 10/8/13 at 4:59 pm to SpidermanTUba
Posted on 10/8/13 at 4:59 pm to SpidermanTUba
quote:
I don't think it can be manually handled. That would be like asking the Census bureau to do its job without a computer. Its just not possible.
the mechanism of doing this is what was being talked about before you came up in here, braying
and the mechanism sounds credible, putting faith in Benny's take
quote:
ONE is late and investors go ape-shite.
one debt payment? yeah. one SSDI check? not convinced.
This post was edited on 10/8/13 at 5:02 pm
Posted on 10/9/13 at 12:07 am to 90proofprofessional
quote:
one debt payment? yeah.
Yes. If the contract says the U.S. has defaulted, its defaulted. The U.S. sent a few checks out late in the 70's and short term rates jumped overnight.
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