[Ron Paul] Default and take medicine now, or suffer a more expensive crisis later
Jul 27, 2011
Debate over the debt ceiling has reached a fever pitch in recent weeks, with each side trying to outdo the other in a game of political chicken. If you believe some of the things that are being written, the world will come to an end if the U.S. defaults on even the tiniest portion of its debt. In strict terms, the default being discussed will occur if the U.S. fails to meet its debt obligations, t