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DOOOOOOOOOOOOM: U.S. Debt Default 'Likely' in Second Half of 2023: Bank of America

 
- Not Neo -
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01/15/2023 11:29 AM
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DOOOOOOOOOOOOM: U.S. Debt Default 'Likely' in Second Half of 2023: Bank of America
“If so, this would represent the first time in history that the U.S. would default on any of its obligations due to the debt ceiling law. We think such an event would include a fall in equity and bond prices, potentially testing Treasury market functioning and liquidity.”

That may be an understatement. It wouldn’t be surprising if investors absolutely freaked out, dumping assets by the bucketful.


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

D00M0N-giraffe
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Limpan

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01/15/2023 11:38 AM

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Re: DOOOOOOOOOOOOM: U.S. Debt Default 'Likely' in Second Half of 2023: Bank of America
WHAT ARE WE WAITING FOR?


eyeroll2
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01/15/2023 11:44 AM
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Re: DOOOOOOOOOOOOM: U.S. Debt Default 'Likely' in Second Half of 2023: Bank of America
Why do use your own money if you can run the banks out of money ?

Where did the banks take all money from ?

It looks like a big scam, who is going to pay his debt to a scammer ?
Anonymous Coward
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01/15/2023 02:01 PM
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Re: DOOOOOOOOOOOOM: U.S. Debt Default 'Likely' in Second Half of 2023: Bank of America
“If so, this would represent the first time in history that the U.S. would default on any of its obligations due to the debt ceiling law. We think such an event would include a fall in equity and bond prices, potentially testing Treasury market functioning and liquidity.”

That may be an understatement. It wouldn’t be surprising if investors absolutely freaked out, dumping assets by the bucketful.


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

D00M0N-giraffe
 Quoting: - Not Neo -


time is not on their side. too many folks are finding out about this and they've lost their prime advantage - surprise- tho not their other prime tool- fear/violence.
they wont get away with it, this time
Anonymous Coward
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01/15/2023 02:06 PM
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Re: DOOOOOOOOOOOOM: U.S. Debt Default 'Likely' in Second Half of 2023: Bank of America
Its all chrashing anyway. The entire global system according to peter zeihan.

I dont believe everythong he says but he has some valid points.


The crash is inevitable. What matters is how we are set up for the next system which according to him isnt a global nwo, but a return to nationalism worldwide.

- Not Neo -  (OP)

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01/15/2023 11:15 PM
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Re: DOOOOOOOOOOOOM: U.S. Debt Default 'Likely' in Second Half of 2023: Bank of America
WHAT ARE WE WAITING FOR?


eyeroll2
 Quoting: Limpan


fuckyeah5
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01/15/2023 11:17 PM
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Re: DOOOOOOOOOOOOM: U.S. Debt Default 'Likely' in Second Half of 2023: Bank of America
putin

This again?

They vote to raise the ceiling as they always do...
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01/15/2023 11:18 PM
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Re: DOOOOOOOOOOOOM: U.S. Debt Default 'Likely' in Second Half of 2023: Bank of America
The great thing about having nothing is that you have nothing to lose.

Crash away!

epiclol
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01/15/2023 11:34 PM
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Re: DOOOOOOOOOOOOM: U.S. Debt Default 'Likely' in Second Half of 2023: Bank of America
The great thing about having nothing is that you have nothing to lose.

Crash away!

epiclol
 Quoting: Anonymous Coward 51281220


You can always have less unless you're homeless with no vehicle.
- Not Neo -  (OP)

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01/15/2023 11:37 PM
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Re: DOOOOOOOOOOOOM: U.S. Debt Default 'Likely' in Second Half of 2023: Bank of America
putin

This again?

They vote to raise the ceiling as they always do...
 Quoting: Anonymous Coward 78776149


Times up

Reset
BE FREE





GLP