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Saturday, September 28, 2024

Threatening a U.S. default was bad before. Now, it’s colossally idiotic.

A plea to lawmakers: If it was a bad idea to threaten default on U.S. debt before, it would be astoundingly, colossally idiotic now. Recent financial-market turmoil — in regional U.S. banks, as well as some of the larger European institutions — suggests there might be much more fragility in the …

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