Looks as if some sort of compromise is happening. As some political commentator once said about the British Cabinet: Nothing concentrates the mind of the Cabinet quite so much as a fall in the Pound. Do any of the pollies playing chicken with the US debt cap know just how dangerous a default by the US would be? I suspect the intelligent ones (if that's not an oxymoron) do. Which is why I'm not selling and running screaming for the hills. (Why the hills?)
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