JAMES GRANT SAYS THE DEBT CEILING IS A JOKE

James Grant tells us the Debt Ceiling Crisis is a completely made up farce.



James Grant, publisher of Grant's Interest Rate Observer, talks about negotiations between U.S. lawmakers over raising the federal debt ceiling and reducing the budget deficit. Grant also discusses the Treasury market, the gold standard and Europe's sovereign debt crisis. - http://www.bloomberg.com/video/72621750/

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