Interesting article on ways that Obama could bypass the debt ceiling debacle.
http://www.slate.com/id/2300428/
The (hilarious) trillion dollar coin option has been floated around for a while. I remember the articles on Zero Hedge back in May. However, the "overdraft option" is a new one and sounds fairly viable. The Fed does own a lot of treasuries right now...
Debt Ceiling Alternative Options
Started by
Lysis
, Jul 30 2011 09:43 PM
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