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  1. Raz'r

    The Debt Ceiling is Scarier This Time

    Cut their money, not MINE!
  2. Raz'r

    The Debt Ceiling is Scarier This Time

    exactly. Let the republicans fund the gov't via the normal spending bills. Pretty simple really.
  3. Raz'r

    The Debt Ceiling is Scarier This Time

    US debt is REQUIRED - or there is no money. That's how fiat currency works. You can certainly flood the market with too much cash, and create inflation, but we NEED that debt. Funny thing is inflation isn't caused by the cash, it's caused by the spend. That's why the market went up in early...
  4. Raz'r

    The Debt Ceiling is Scarier This Time

    They will do it if they can, cause Uncle Joe will take the heat. So they think. Didn't work out that way for Clinton v Gingrich
  5. Raz'r

    The Debt Ceiling is Scarier This Time

    They aren't going to issue the checks. Chase won't have anything to cash.
  6. Raz'r

    The Debt Ceiling is Scarier This Time

    That's the current thought, Qevin thinks he can get a majority of Rs if the Dems will step up. He will likely fight off being deposed after that. Oh well.
  7. Raz'r

    The Debt Ceiling is Scarier This Time

    Good old Teddy Cruz was on the Sunday show, saying there’s plenty of cash to pay the interest on the debt. 2 things wrong with that. 1) maybe yes, it just would mean no SS checks, etc would go out but 2) completely wrong, as only Teddy Cruz and the RWNJ talking points can be. The debt ceiling...
  8. Raz'r

    The Debt Ceiling is Scarier This Time

    Uncle Joe is the new Marvel superhero
  9. Raz'r

    The Debt Ceiling is Scarier This Time

    2nd amendment solution?
  10. Raz'r

    The Debt Ceiling is Scarier This Time

    That could be the end game. At this point I believe Yellen is going to be forced to do something new in order to uphold the constitution. Interest rates will jump, recession will come, thoughts about reserve currency will again come forward.
  11. Raz'r

    The Debt Ceiling is Scarier This Time

    for the elk - it's simple. the Congress (Mom) gave the Pres (Dad) the ok to buy a boat. Not just the OK - but the requirement to go and spend that money. Now Mom says "don't pay the loan"
  12. Raz'r

    The Debt Ceiling is Scarier This Time

    Hey, I’m a drunken sailor and I pay my bills.
  13. Raz'r

    The Debt Ceiling is Scarier This Time

    There’s something about these fuckers, they really do want to destroy the economy and the political system as a result.
  14. Raz'r

    The Debt Ceiling is Scarier This Time

    Every once in awhile, a blind squirrel finds a nut. Although the comment is selfish, in that Republicans will get destroyed in 2024 if they get what they want, which they won't given the Senate and Prez. But it will give the Dems a lot to run on in 2024.
  15. Raz'r

    The Debt Ceiling is Scarier This Time

    Wow. 5% oh my!
  16. Raz'r

    The Debt Ceiling is Scarier This Time

    Yeah, that's not how it works. IF that was true, the US would have to pay more in interest than the other reserves. And that's not the case. But if I was sovereign fund manager with billions of assets, yeah, given the shitshow that has been American politics for 4 years, and now likely 2 more...
  17. Raz'r

    The Debt Ceiling is Scarier This Time

    Has the McCarthy congress codified the Hastert Rule in their rules book for the next 2 years? If so, we may be facing default for the first time.
  18. Raz'r

    The Debt Ceiling is Scarier This Time

    So, what you're saying, is the US needs to have MORE debt so that it can be used as reserve currency. Gotcha.
  19. Raz'r

    The Debt Ceiling is Scarier This Time

    Not really. Why does China own so many $s? Cause we keep sending them their way. They need to do something with all the $s they receive. They can buy US goods (but as good mercantilists, they do not), they can use it to buy commodities, which they do, they can use it to buy property in the US...



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