Are You Ready for Another Lehman Brothers?

Are You Ready for Another Lehman Brothers?
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Generals always fight the last war. And financial analysts always analyze the last crisis. So with the rapid approach of the October 17 debt-limit deadline, itâ??s no surprise the Excel-and-Powerpoint set are dusting off their histories of the Lehman Brothers debacle. Many Republicans may view blowing through the debt limit and potentially missing a few interest payments as no big deal. In a Pew Research Center poll released Monday, 54 percent of Republicans said the U.S. could go through the debt limit without major problems. Rep. Ted Yoho (R-FL) said not raising the debt ceiling would be a positive. â??I think, personally, it would bring stability to the world markets,â? he said.

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