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- Aug 29, 2008
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Coming soon to the deadline of 3rd August, to raise or not to raise debt ceiling.
Since FED is not owned by Government of USA, then essentially, there is no problem raising the debt ceiling...
Just like if GIC is a private bank, and GIC just lend more money to Singapore Government (just an extreme example, of course no where near)
Hearing your views.
No right or wrong, by 3rd of August, everyone will know.
Since FED is not owned by Government of USA, then essentially, there is no problem raising the debt ceiling...
Just like if GIC is a private bank, and GIC just lend more money to Singapore Government (just an extreme example, of course no where near)
Hearing your views.
No right or wrong, by 3rd of August, everyone will know.