WASHINGTON DITHERS, WALL STREET DIVES…

Instead of getting their fiscal house in order, government leaders chose to play politics with the debt ceiling debate.┬áInvestors, true to form, reacted negatively to the uncertainty. Contributing to the drama, people kept misusing the word “default.” The only way the U.S. can default is by not paying the interest due on its debt and everyone knows that’s not going to happen.

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