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|User Info||Did Treasury Just Strategically (Intentionally) Default?; entered at 2011-07-01 19:45:14|
If the US did not pay SSI or Medicare, IT's Debt to Inocome Level would look much better. I see the credit rating of the US going UP/getting better due to not paing SSI and Medicare. |
"Hey want to buy some US Treasuries?"
"I don't know, I'm afraid I'll not be paid back, I mean just look at all the money the US has to spend on SSI and medicare, The US will go broke spending that kind of money and then I'll get hosed on the US debt I bought"
"Well did you hear the US stopped paying into SSI/Medicare? The US just freed up a lot of money to pay you back with if you decide to buy US debt."