To be clear I'm not saying that this is a non-issue. I was arguing to a poster's claim that this was happening because of impending financial collapse. It's not. It's happening because of an arbitrary political limit subject to, it appears only the U.S. of the wealth nations.
To belabour the point, the U.S. isn't being dragged here like how the EU is because of market limitations. It's a domestic political limitation. Big difference. And a likely also a big difference in the fallout in the event of a default. Although a default under any situation is very bad.
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