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The United States can pay any debt

Former Federal Reserve Chairman Alan Greenspan on Sunday ruled out the
chance of a US default following S&P's decision to downgrade America's
credit rating. "The United States can pay any debt it has because we can
always print money to do that. So there is zero probability of default"
said Greenspan on NBC's Meet the Press

http://www.cnbc.com/id/44051683
http://www.youtube.com/watch?v=q6vi528gseA

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