The default specter as political theater

posted by
June 2, 2011
by Paul Craig Roberts  
Posted in Commentary

"Although the financial press speculates about a downgrade of the US government’s credit rating and default if political impasse prevents the debt ceiling from being raised in time, I doubt anyone really believes that the debt ceiling will not be raised. It is just all a part of the political theater of the next couple of months." (06/02/11)  

Our Sponsors