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Originally Posted by Devanmc
 now i feel smart. this is what i get for reading wsj. So far i only have 1 year into business college. the rest in the army.
on another note. it really would affect the economy two fold(atleast). because not only do businesses and people no longer have actually/valuable money to buy things. Commodity prices go up during the collapse. so not only are you poor with a room full of hundreds, you cant buy food or anything else. it has the potential be a horrid domino affect. |
Don't feel TOO smart - I'm not an economist and I've only had my Finance & Accounting degrees for a year
Looking back to yesterday - the Dow had it's best day of the year. So what do I know.
We have a better chance of a deal coming through as more American citizens (read: voters) become more concerned. The increasing pressure on politicians to not be seen as the one that is standing in the way makes them become more likely to bend.
TL;DR version - some big things have happened in the last 24 hours. Check back tomorrow.
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