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The US might be defaulting on the national debt payment next week. Gov Shut down Oct 1

 
Justme C'est Moi
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09/24/2021 11:06 AM

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The US might be defaulting on the national debt payment next week. Gov Shut down Oct 1
Biden's insane budget will not pass next week.

The government shuts down Oct 1.

Happy dreams.

[link to www.newspressnow.com (secure)]

Last Edited by JustmeTX on 09/24/2021 11:09 AM
Justme
Dalek Uno
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Germany
09/24/2021 11:10 AM
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Re: The US might be defaulting on the national debt payment next week. Gov Shut down Oct 1
I'm betting on a partial default

either all bonds held by the Federal Reserve

or those held by foreign entities
Anonymous Coward
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09/24/2021 11:16 AM
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Re: The US might be defaulting on the national debt payment next week. Gov Shut down Oct 1
Over the years these "budget shutdowns" have been over dramatized by the government. They always seem to pull a rabbit out of their asses at the 5 minutes 'till midnight. Hopefully this time will be different. This shit needs to crash.
Justme C'est Moi  (OP)

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09/24/2021 11:28 AM

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Re: The US might be defaulting on the national debt payment next week. Gov Shut down Oct 1
Over the years these "budget shutdowns" have been over dramatized by the government. They always seem to pull a rabbit out of their asses at the 5 minutes 'till midnight. Hopefully this time will be different. This shit needs to crash.
 Quoting: Anonymous Coward 34166608


Agreed. But I think the ass rabbit have been all used up now. :)

And since the entire premise of the Biden fake administration is to destroy America and "build back better", I'm thinking we might finally see a real crash.

Last Edited by JustmeTX on 09/24/2021 11:29 AM
Justme
Anonymous Coward
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Romania
09/24/2021 11:37 AM
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Re: The US might be defaulting on the national debt payment next week. Gov Shut down Oct 1
I'm betting on a partial default

either all bonds held by the Federal Reserve

or those held by foreign entities
 Quoting: Dalek Uno 78765790


Same as in China's Evergrande case.
Dalek Uno
User ID: 78765790
Germany
09/24/2021 11:39 AM
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Re: The US might be defaulting on the national debt payment next week. Gov Shut down Oct 1
I'm betting on a partial default

either all bonds held by the Federal Reserve

or those held by foreign entities
 Quoting: Dalek Uno 78765790


Same as in China's Evergrande case.
 Quoting: Anonymous Coward 76658155

so they default and nothing happens to the stock market?
epiclol
Anonymous Coward
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Netherlands
09/24/2021 11:42 AM
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Re: The US might be defaulting on the national debt payment next week. Gov Shut down Oct 1
this will be very good for the stock market
Grove Street (revived)

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09/24/2021 11:43 AM
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Re: The US might be defaulting on the national debt payment next week. Gov Shut down Oct 1
good shut it down permanently





GLP