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Full Version: Biden and Republicans reach a deal to avoid U.S. default
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WASHINGTON — House Republicans have reached a tentative deal with the White House to address the nation’s debt ceiling and avoid a catastrophic default on U.S. sovereign debt, NBC News reports.

Three Republican sources say there is a tentative agreement between Republicans leadership and the White House on a debt ceiling deal, and that the contours of the agreement will be relayed to GOP members on an all-member call happening shortly, according to NBC News.
That's why sgbuffet got it all wrong.
(28-05-2023, 10:18 AM)Alice Alicia Wrote: [ -> ]That's why sgbuffet got it all wrong.

Only USA HAS ACCESS TO THE PRINTING MACHINE.62 TIMES if counted this time.
This ceiling debt crisis is a bear trap set up by the govt reps to enrich themselves thru creation of fear.

They oredi pumped billions into the market prior to the crisis talk. It's a govt sponsored pump-and-dump.

TTM.financial:

" Market participants have added $21 billion in new long positions on the S&P 500 futures, Citi’s data showed, even as the Washington debt-ceiling talks dragged on. The weekly flow of new longs was one of the largest seen in recent years, it added."

“The momentum is clear, and positioning is increasingly one-sided. Longs outnumber shorts by more than 9 to 1,” said Citi strategists led by Chris Montagu. “The few remaining shorts are all in loss, but a short squeeze is not likely to significantly impact markets.”