Crazy crazy crazy

The President in a speech just said "We will get it done in 6 minutes, 6 days or 6 weeks". 6uild 6ack 6etter! Three-sixes???

https://www.msn.com/en-us/money/markets/the-debt-ceiling-impasse-and-what-happens-on-october-19/ar-A...


Those who implicitly trust CNN, MSN, BBC and many others, yeah Covid 19 may be a side story soon?

Covid might be the least of our worries..
Anyone in here clever enough to explain what happens when the USA cannot pay it's debts?  Do taxes go up?
USA becomes a third World country?

Fortunately Biden is the most popular and most voted for President in American history, hopefully for good reason.
Build Back Better, well he'd better get cracking on that, he's making more work for himself. Man are you guys so lucky he's got a plan, because if it was just bovine excrement to get elected, it's gonna hit the fan pretty quick!

@rixthetrick


The good news is that congress will most certainly expand the debt ceiling at zero hour. In other news, the supply chain will still be jammed. Makes it tough to impulse buy hifi gear.

So the debt ceiling just keeps going up until??
The Great Depression II ?

@rixthetrick

I stopped wringing my hands years ago about things I couldn't control. I did some quick analysis in the early 1980's and figured I could either worry about inflation, interest rates, the national debt and the accompanying taxes OR I could be productive and happy in the pursuit of trying to earn it faster than they could spend it.

Whether I have or not remains to be seen but it has been alot more fun and pretty easy and low stress. No bitterness, no conflict, almost a zen kindofa thing. Others get to choose how they live their limited days here...I choose mine. I was never much for apocalyptic BS at church or in life and I've made it a point over the years not to hire those who dwell on it. Love my work, love my music, love my wife...life is good.