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IPFS News Link • Federal Reserve

U.S. Will Be Forced to Selectively Default and Devalue Its Debt in 2009

10-30-08 • HousingDoom.com

The problem now is that the US has breached the point where it can service its debt out of real cash flows, and turning this around will require a severe devaluation of the US dollar.

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U.S. Will Be Forced to Selectively Default and Devalue Its Debt in 2009

FreedomsPhoenix.com