Debt Debate Only Shows How Silly America Can Be
When it comes to the debt ceiling, politicians may be out of control, they may not even know what they’re doing and they may be willing to try to destroy the entire country to get whatever they think they want.
But much like the resistance to the bank bailout in 2008 - if they truly take it to the wall, the financial markets will go into a rapid decline, the hostage-taking politicians will be humiliated and the debt-ceiling will be lifted.
I discussed this at length yesterday on my podcast “Truth or Skepticism” with Tom Sosnoff on tastylive.
You can check it out here:
Dylan .