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JustRaven's avatar

So many pieces of news packed into this edition of LFAA! It must have been challenging to select and distill it all into one newsletter tonight. This week looks to be very interesting, so rest up, Dr. Heather; glad you published relatively earlier than typical, and once again I hope you have gone to bed to sleep by now. Thank you so much for your consistent high quality writing in these Letters.

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Georgia Fisanick's avatar

Default due to the debt ceiling crisis will be a gift from Trump and his MAGA crazies in the House to Vladimir Putin and authoritarians worldwide by providing a prime example of how democracies can be dysfunctional.

It will also stoke hatred of the United States worldwide as it provokes an international monetary crisis. It will undue much of the meticulous foreign policy work this administation has done.

Domestically, with the deep-pocket funding of Koch and others like him, it will be a major issue in the coming Presidental election. And it will negatively affect every person in this country in terms of higher credit card interest rates, business failures due to credit drying, and increased unemployment.

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