http://www.usatoday.com/story/money/markets/2013/10/03/stocks-thursday/2913641/
"A default would be unprecedented and has the potential to be
catastrophic," according to Treasury. "Credit markets could freeze. The
value of the U.S. dollar could plummet. U.S. interest rates could
skyrocket. The negative spillovers could reverberate around the world.
And there might be a financial crisis and recession that could echo the
events of 2008 or worse."
Word.
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