Thursday, January 27, 2011

Treasury to adjust borrowing as debt limit nears

Treasury to adjust borrowing as debt limit nears

I think this is really a non event for the stock market. We all kinda know about the raising debts. Although it does not really affect things much. Afterall, the world economy is still mostly tied to the dollar. Government can just "create" money out of thin air and screw all its creditors down the line. I wonder why people even worry about national debts...much ;p

So although this was a yahoo headline news, for the stock market, it's more..just for fun financial news in my opinion.

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