Morgan Stanley Says Government Defaults Inevitable – Bloomberg

http://www.bloomberg.com/news/2010-08-25/morgan-stanley-says-government-bond-default-is-question-of-how-not-if-.html

Government default is not a question of if, but rather how and when. Actually our govt. has already been technically defaulting through its quantitative easing (printing money and lending it to yourself) program at the Fed.

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