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U.S. will default this summer unless Congress raises debt limit, CBO warns
https://www.cnbc.com/amp/2023/02/15/debt...-says.html
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
(This post was last modified: 17-02-2023, 05:26 PM by
RiseofAsia.)
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Another round of acting coming
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Nicer word is called Default
Ugly word is called Bankrupt.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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Default so what? Nothing will happen.
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(17-02-2023, 05:29 PM)Notdumb Wrote: Default so what? Nothing will happen.
It will be a disaster for US lah.
No country really dare to default its debt.
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US AAA rating will immediately become BBB rating.
BBB rating is equivalent to junk rating.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
(This post was last modified: 17-02-2023, 05:46 PM by
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