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When are the politicians of both parties in Washington going to get serious? Raising the debt limit must happen by Aug. 2 – what is going to happen if they don’t pass a bill raising it?
The stock market will drop at least 1,000 points. Should we all sell our stocks and bonds now? Why not? If they don’t pass a bill raising the debt, the market will crash and it will be much worse than the crash of 2008. People call it the Great Recession, but really it is a depression.
— Don Smith, Chicago
