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Yun on Debt Ceiling: 450,000 Lost Sales with 1% Mortgage Rate Rise

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Comments
  1. This issue needs to get resolved quickly. I read elsewhere that the last time this happened, GDP fell a whopping 8%. :(

  2. I hoping for compromise. Buyers and sellers need to compromise…..why can’t the government get with it?

  3. Mike

    Yun doesn’t think there will be any immediate reaction if bond holders don’t get paid for maybe even up to a few months? Entire country is tanking and the pundits keep acting like there’s nothing to worry about.

    There is nothing positive at all going on. The job market is dead, on every level unsustainable and growing debt can’t be halted, plus the country is run/controlled by a bunch of corrupt incompetents. Won’t be long before the USS Titanic reaches its final destination and we all know where that is.

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