US could default in October, Janet Yellen warns

TheDan

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TheDan

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Is it wrong to think “should”?
no
 

TAZ

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Ahhhh. I see we need to start the panic so Congress can raise the debt limit again and go on more drunken sailor spending binges that benefit the average American tax payers very little.


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Sasquatch

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Ahhhh. I see we need to start the panic so Congress can raise the debt limit again and go on more drunken sailor spending binges that benefit the average American tax payers very little.


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We gotta destroy what little buying power the US Dollar has left, dontcha know!

The sooner this mess collapses, the sooner we get to the dirty, hard work of rebuilding.
 

TheDan

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Paywall....


ETA: For me at least.
oh, sorry... I have the Just Read extension on and didn't even notice the paywall :laughing:

TLDR: The Treasury will run out of money to pay the interest on the national debt unless Congress raises the debt ceiling.

Republicans currently pretending to block the Democrats from doing so, but they'll cave as always.
 

no2gates

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Like saying "I can't be overdrawn because I still have checks left..."
 

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