Debt Default The Financial Equivalent Of Nuclear Weapons
- Thursday, July 7, 2011, 2:05
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That was David Frum, former George Bush speechwriter who coined the title phrase– not Warren Buffett, who called derivatives weapons of mass destruction. And Frum meant a debt default in the U.S.- not Europe, where already there are nations flirting dangerously with default.
http://blogs.forbes.com/robertlenzner/2011/07/06/debt-default-the-financial-equivalent-of-nuclear-weapons/
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