Intraday Market Thoughts
Testing the Full Faith & Credit of the US
by
Sep 27, 2013 12:43
The US has set October 17 as the date when the debt ceiling would most likely be breached. Treasury Secretary Lew said: “If we have insufficient cash on hand, it would be impossible for the United States of America to meet all of its obligations for the first time in our history…the results could be catastrophic.” More analysis here
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