The US Will NOT Default On Its Debt: The Ceiling Will Be Raised

in Threespeak4 years ago (edited)

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Ths United States Government is not going to default on its debt. Put that thought out of your head. Also, the US Congress will raise the debt ceiling.

In this video I discuss how there is a lot of insanity out there. We are now having people talk about debt default. How absurd. Politicians are not going to slay their Golden Goose.

All explained in the video.


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I definitely agree. Now do you think that 1 trillion dollar coin will happen? I would think the 30 is more of a focus but I guess the 10 year makes sense as well.

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No the $1 trillion coin is a gimmick, even Yellen admitted as much.

But it does drive home the point that governments do not operate according to the same monetary rules as individuals or corporations.

People will see this in cryptocurrency.

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@taskmaster4450le

The King believes he heard they were going to push it out until December? Short on time right now to watch your video. On my playlist.

The Kingdom sends....

!BBH

Yeah they did so that means two months of bickering and media headlines.

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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Bang, I did it again... I just rehived your post!
4

Oh, common Task, theater can be a beautiful thing when played by real actors. Politicians even don't even bother faking democracy so much.