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Different opinion about that but there has been a lot of bluster and talk about one thing only, you know, one thing is gocking work and so forth. until we see something more real he is well along the way to being one more administration that did the best they could to make sense of a very bad, very tough, very ambiguous situation. >> julian, is there credence to his comments this is something that should have been taken care of long time ago but have things changed since kim jong-un has come aboeed? >> no one disagrees that we wish the united states had a better path over the past 25, 30 years...

Analysts say what would happen you would see these affects felt sooner rather than later. the latest warning is from the ims research director. listen to this. >> the effects of any failure to repay the debt would be felt right away leading to potentially major disruptions in financial markets. both in the united states and aboeed. >> now we don't know for sure or what is going to happen because the fact of the matter is the u.s. has never defaulted ever before and analysts expect the global economies would take a hit and you would see stock markets around the globe fall. the value of the doll...