Mercury Rising 鳯女

Politics, life, and other things that matter

We gotta have a debt deal or the markets will crash!

Posted by Charles II on July 26, 2011

Truly our political dialogue is insane.

Adding: this is not to say that default would leave the markets–or the economy–unscathed. It would be a disaster. But the markets are clearly convinced that the politicians will work it out. We don’t have a market crisis. We have a political crisis.

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