1min chapter

Past Present Future cover image

From Lincoln to Trump: What Happened to the Republican Party?

Past Present Future

CHAPTER

The Republican Party's Threat to Default on Debt

If the Republican Party goes through with its threat to default on debt, that would break up the Republican Party. I could imagine a very different set of political parties arising in the United States. But think about the wreckage that that would cause to the international financial system,. The amount of suffering that it would entail.

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