When will the Blue Wall hit the Bond ratings Wall

[william the wie]

With the top end of the tax base leaving due to the cap on SALT deductions and the Fed fighting inflation with higher interest rates plus unfunded liabilities default is just a matter of time but how much time?

Based on the more socialist agenda of the Ds this is an increasingly shorter time base.

 

[BluesLegend]

These idiot politicians, their debt house of cards will collapse its only a matter of time.

 

[william the wie]

Yeah but not much time based on their actions

 

[BluesLegend]

The last gasp will be massive devaluation of our currency, when that triggers the end is near.

 

[william the wie]

The last gasp will be massive devaluation of our currency, when that triggers the end is near.

This looks more like a regional than a national problem to me, that's how it worked out in the last two default waves of 1837 and the end of reconstruction in 1881