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Defaulty Towers: How dangerous is the US Debt Ceiling?
Many Happy Returns
The Gold Bug Stream
Gold would probably be something to think about. I wouldn't rule out cash. In the UK, for example, sterling would probably still be worth having if this really happened. But let's hope it doesn't happen. It's not happened before. The point also is that how long would it last? Yeah, it would create a huge rutcheon in markets. And that would create a massive buying opportunity,. Which is another reason to have cash on hand to buy all those hugely depressed assets. That would literally be the chance and a lifetime to invest.
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