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Monday, July 18, 2011

Personal Finance: U.S. default and main street

Just like the whole Greek debt drama a few weeks back, the whole high stakes game of chicken on the debt ceiling going on in Washington is not arcane economics.  Default will have significant impact on everybody, and Ezra Klein at the washington post tries to explain how.

How default would harm homeowners, cities, businesses and everyone else (washington post)

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