- "just consider the vileness of that G.O.P. threat. If we were to hit the debt ceiling, the U.S. government would end up defaulting on many of its obligations. This would have disastrous effects on financial markets, the economy, and our standing in the world" http://www.nytimes.com/2013/01/11/opinion/krugman-coins-against-crazies.html 11 comments politics
- Paul Krugman on the Trillion dollar coin: "The debt ceiling is a case of accounting nonsense gone malignant; using an accounting trick to negate it is entirely appropriate." http://www.nytimes.com/2013/01/11/opinion/krugman-coins-against-crazies.html?hp&_r=0 4 comments politics
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