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Debt Ceiling Breached

May 12, 2011

word is going around that the debt ceiling will actually be breached on monday. i just dont see how this will insight panic, rage, or anything other than the status quo: THEY WILL RAISE THE CEILING. Just like they have SIX times in the last THREE years.

Its just too bad that the CME wasnt in control of the treasury. they could just slap a few margin hikes on this bitch….

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