Re: Didn't We All Know This Was Coming? Archived Message
Posted by Dr. Ray Langston on July 15, 2011, 7:18 pm, in reply to "Didn't We All Know This Was Coming?"
Investors, just like the rest of us, can sometimes make decisions based on emotion, not fact. I think right now, they just jittery about the debt ceiling debate. Raising the debt ceiling will only be a temporary fix that will end up costing us in the end, the more debt we pile on, it will cost us in government credit rating, which could mean higher interest if the government borrows more, and it will slowly drag down the value of the dollar, neither of which is good for our government and the nation.....
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