Just what you'd expect to hear from a perma-bear. You WANT the country to default, so your inverse go through the roof! #Bulls.v.Bears #Gobulls (The irony is, I don't have a Twitter account, but this seems to be the mode du jour)
%% Good spelling of more ons, not to be confuse with adding more on /LOL +exit TZA today related. I like the way illegal aliens[according to NPR]are afraid to get gov benefits; that'$ good they pay plenty of state sales tax,. IN our state it's about 10%+ add to that is user fees on ammo. MR PIezone noted ''has to run deficits'' Actually it sure does NOT have to do that; 7th Pres + General Andrew Jackson proved anyone can balance a budget...................................................................................His nickname == ''old hickory'' one of the tougher trees. Thanks mr Piezone. ALL kinds of ways for the fed or gov to make money. Fed sold silver+ i'm glad they did.....................................................................................
Bears are going to have the collapsing global economy they wish for, because Mitch McConnel doesn't give a DAMN about this country's financial future. The markets are going to see another March 2020, and then some. The markets do not like "First time for anything" deals.
Yah, that ole Hickory was quite a President alright. "Jackson’s triumph contained the seeds of the economy’s undoing. The selling-off of federal lands had led to a real estate bubble, and the destruction of the national bank led to reckless spending and borrowing. Combined with other elements of Jackson’s fiscal policy as well as downturns in foreign economies, these problems led to the Panic of 1837. A bank run and the subsequent depression tanked the U.S. economy and forced the federal government to begin borrowing again." from: https://www.history.com/this-day-in-history/andrew-jackson-national-debt-reaches-zero-dollars
%% LOL/good thing we know how to make money in a bear move. Its not selling or buying that leads to a ''bubble''=that is an operator problem/trend analysis problem. And calling real estate[or stocks/ETFs] a ''bubble'' LOL \sounds like someone know doesnt know how to buy RE.[NOT saying that remark applies to you piezone\LOL] Of course if some sold ''40 acres + a mule'' that they never had a title deed or title deed insurance = worse than a bubble................................................................... Good banking change.
They need to get rid of the debt ceiling. It makes no sense. The government is not a household and doesn’t have normal budgetary constraints. This is a simple fact that most people are not educated about.