The biggest misinformation is the "default"


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送交者: qm 于 2013-10-16, 12:16:35:

回答: OK, the deal reached. No default. 由 cornbug 于 2013-10-16, 10:38:33:

The government has revenue stream that can cover interest payment many times over. If there is ever a default, it would be Obama's decision not to pay interest with money in hand, ignoring the law.

The danger of default is that Obama might violate the law, not because the debt ceiling freeze.

Of cause, media keep misinform the public as usual.




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