Saudi Arabia and Russia, as well as China, have all recently made significant moves to decouple the key oil trade from the dollar, but a default could bring those efforts closer to rhetoric. Conversely, the semi-annual US debt ceiling discussions are a very poor way to meet fiscal responsibility. This is unacceptable because debt and deficits are very serious problems, not just in the United States, but around the world. In the US a staggering 7% of federal spending goes to debt service. These taxpayer dollars are no longer being used to strengthen the economy or improve people's lives, and wh
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