XPost: alt.society.liberalism, or.politics, sac.politics   
   XPost: talk.politics.guns   
   From: bax02_spamblock@baxcode.com   
      
   Sam  wrote in news:la83q9F4mouU1@mid.individual.net:   
      
   > On Fri, 10 May 2024 09:57:06 +0200 (CEST), Tony Pease    
   > wrote:   
   >   
   >>n a recent op-ed, a former White House economist and a former Labor   
   >>Department employee warn of the burden U.S. debt will have on Gen Z and   
   >>blame mistakes by the Treasury Department when interest rates were low.   
   >>CBS News business analyst Jill Schlesinger has more.   
   >   
   >   
   >  Oh no burden at all. The US government defaults on the debt and settles   
   > it for 10 cents on the dollar. (10% of bond value)   
   >   
   > What are the bond holders going to do about it?   
   >   
   >   
   The Constitution says we can't do that.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)