http://www.dmacpherson.com Hubby, Father, Reader, Blogger, Geek Wed, 20 Jul 2011 06:36:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.dmacpherson.com/2011/07/the-u-s-debt-ceiling-debacle/#comment-8 Chingiz Wed, 20 Jul 2011 06:36:00 +0000 http://www.dmacpherson.com/?p=20#comment-8 Duncan, great article! I enjoyed reading your thoughts. I do share the same vision. They cannot default right now. Overall the economy still seems fragile. Unemployment rates and non-farm payrolls still have not stabilized after recession. Defaulting now, even partially, would be like making still healing wound start to bleed again. Financial market meltdown, plunging stocks and soaring commodity prices would be inevitable! Duncan, great article! I enjoyed reading your thoughts. I do share the same vision. They cannot default right now. Overall the economy still seems fragile. Unemployment rates and non-farm payrolls still have not stabilized after recession. Defaulting now, even partially, would be like making still healing wound start to bleed again.
Financial market meltdown, plunging stocks and soaring commodity prices would be inevitable!

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