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| 2011/07/20/1642/link |
| Author | Joshua Holland + |
|---|---|
| Page type | Link + |
| Site | AlterNet + |
| Summary | 1. Fed gov will have to cut back payments … 1. Fed gov will have to cut back payments for services. 2. ...which will cause "real people" to be hurt. 3. ...which will hurt the economy. 4. ...and raise interest rates significantly. 5. It will actually increase the deficit more than would raising the debt ceiling in a timely manner -- assuming the ceiling is eventually lifted. assuming the ceiling is eventually lifted. |
| Thing type | Article + |
| Title | 5 Disastrous Consequences Of A Debt Ceiling Meltdown + |
| Topic | 2011 US debt ceiling + , US economy + |
| When posted | 13 July 2011 + |
| Creation dateThis property is a special property in this wiki. | 20 July 2011 20:57:20 + |
| Categories | !article + |
| Modification dateThis property is a special property in this wiki. | 20 July 2011 20:57:20 + |
| URLThis property is a special property in this wiki. | http://www.alternet.org/news/151631/5_disastrous_consequences_of_a_debt_ceiling_meltdown/ + |
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