The default specter as political theater

posted by
June 2, 2011
Counterpunch
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)

http://www.counterpunch.org/roberts06022011.html  

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