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to park somewhere. but longer term it does create pressure on interest rates potentially. >>shepard: how quickly could people notice something if the politician whose created this screw it up further? >>guest: the stock could get spooked and that would be the most immediate response and affect on people's psychology. i don't actually think that interest rates will surge immediately upon this because there are other mechanical factors keeping the treasuries moving along but it would not take too long beyond the august 2nd deadline. by the way, in 17 government shut downs, since 1970's, an average of three days so we have done this before. it is not exactly virgin territory. >>shepard: the part that we will not pay our debt. >>guest: no one is saying

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