🧵 1/5: Debt ceiling talks collapse as Republican negotiators "abruptly" leave closed-door meeting with White House reps, throwing status into doubt. #politics
🧵 1/5: Debt ceiling talks collapse as Republican negotiators "abruptly" leave closed-door meeting with White House reps, throwing status into doubt. #politics
🧵 2/5: Republican Rep. Garret Graves calls Dems "unreasonable", says talks are "on pause". No clarity on when negotiators will meet again.
🧵 4/5: Yesterday's tech-led market surge wasn't caused by positive news on debt ceiling talks, but rather the biggest Nasdaq gamma squeeze since 2014.
🧵 5/5: The collapsed debt ceiling talks also raise doubts over Biden's larger economic agenda, including the proposed $3.5 trillion budget.
🧵 Read more at: https://www.zerohedge.com/markets/theyre-just-unreasonable-debt-ceiling-talks-collapse-republicans-abruptly-walk-out
So much drama...
Loving it.