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US States Have a Long History of Defaulting
As the federal government's debt approaches $35 trillion, default one way or another is inevitable. Many US states already have used that method to eliminate their debts.
Original Article: US States Have a Long History of Defaulting
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By Mises Institute
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As the federal government's debt approaches $35 trillion, default one way or another is inevitable. Many US states already have used that method to eliminate their debts.
Original Article: US States Have a Long History of Defaulting
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