Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (1403584)

5/22/2023 4:28:52 PM

From: Wharf Rat

Read Replies (2) | Respond to of 1571789

"The debt limit is a big nothing, like it always is."

It should be; in fact, we should do away with it. However, right now., McCarthy is holding a gun to the head of the global economy, and he's telling Biden he'll shoot unless Biden gives him a few trillion dollars.
==

"Close the Smithsonian for a few days and it gets resolved"
That happens when there's no authority to spend additional money, and doesn't affect debt payments.

--
"It always does."
Default has never happened, and it will be de fault of the R's.

Debt default vs. government shutdown: What to know - YouTube