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Debt Default Depression

Michael McAuliff

U.S. Debt Default Means 'Lights Out' And A New Depression, Geithner Warns

HuffingtonPost.com | Michael McAuliff | Posted 09.17.2011 | Politics

WASHINGTON -- If Congress fails to hike the nation's borrowing limit by Aug. 2, it will be "lights out" on the government and the economy, Treasury Se...