Saturday, May 13, 2023

Said

 


a good while ago:

"Were not gonna get inflation under control 

(Cause we cant raise rates 

where they need to be or we will default)

and were gonna default anyway.".


U.S. can avoid default in July if Treasury can make it through June cash crunch, Congressional Budget Office says


And:


US debt default could quickly trigger dollar’s collapse


"If debt ceiling impasse leads to actual default the scale of the damage would be hard to predict as it’s never happened before"


It's going to happen.

We are going to live to see it.

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