Faculty News
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Prof. Dick Sylla on the effects of a potential US debt default
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![Xinhua logo Xinhua logo](/sites/default/files/styles/192w_x_144h/public/assets/images/con_030505.jpg?h=cd55d432&itok=C-PU_Bd1)
Excerpt from Xinhua News Agency -- "The U.S. government has never defaulted or missed a payment on its debt since 1791 when the national debt started. That's how you build a reputation. I think, we already lost a little bit, but if we actually do get in a temporary default, we'll lose a lot of reputation and something that we built up over 200 years by never missing a payment on our debt that goes out the window. "
Faculty News
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![Xinhua logo Xinhua logo](/sites/default/files/styles/192w_x_144h/public/assets/images/con_030505.jpg?h=cd55d432&itok=C-PU_Bd1)
Excerpt from Xinhua News Agency -- "The U.S. government has never defaulted or missed a payment on its debt since 1791 when the national debt started. That's how you build a reputation. I think, we already lost a little bit, but if we actually do get in a temporary default, we'll lose a lot of reputation and something that we built up over 200 years by never missing a payment on our debt that goes out the window. "