Detailed text transcripts for TV channel - FOXNEWS - 20110424:15:44:00
Mortgage payments and auto financing. also, the dollar would change and oil is priced in dollars. if dollars go down, price of oil goes up. it's already $110 a barrel. so we would see the gas prices go up. and there is a great fear because government has never done this before. that the u.s. government would no longer be seen as safe haven. and that china and the other countries pick up 50% of our debt would start getting it from other places. they would sell it. if that happens, again credit card rates go up. and we could be facing the end of a recovery. that is what the head of the fed basic...
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