2011-08-01

Arbitrary Dates

The U.S. past its debt ceiling deal.

All before the apocalyptic August 2 deadline.

Arbitrary August.

As if bonds all come due at the same time. They make it sound they had to come up with $14 trillion bucks in one shot.

Look at it this way. How do you react whenever someone gives a specific date for the end of the world?

Exactly.

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