I knew some people in Lubbock Tx once but lets kee
Post# of 8054
I merely forwarded Cramers viewpoint on how the market would be affected- his assumption as well as mine probably is the world knows usa wouldnt default-if it did would only be temp and creditors wouldnt lose any money- they've been thru games like this before- and if things blow up someday, nothing we can do about govt finances anyway-
its all funny fiat paper money anyway which works particularly because of dollar reserve currency status-which china and russia and others are furiously working to undermine- and the way the constitution is disregarded in some circles and been replaced by the judiciary and executive I wouldnt be surprised if an Exec order was issued to raise the debt limit - e.g., just declare martial law and usurp all congressional power-some leaders say thats coming separate and apart from the current washington political games anyway
such exec orders are already regularly used for things reserved to the congress by the constitution-reportedly an exec order now allows the pres to declare martial law for 6 months without congressional oversight -so why not the debt limit- thats the trend the last 40 years- hope i havent gotten into politics now- sometimes i think aaron burr and alexander hamilton had the best solution