I found this concept …..

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disturbing, but maybe I shouldn’t have been so surprised given that I get daily spam telling me that “bancruptcy is no longer a dirty word….”. On the other hand, I agree that the problem is getting so large, it’s no longer of question of whether we’ll default, but rather how and when. I get so annoyed at this general topic, the USA’s debt load, that I go non-linear pretty quickly. But I’d appreciate hearing what folks on this list think should happen. Comments?