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Er... what? How will it be the end of the world?
A treasury bond collapse would dwarf a US dollar collapse. All trade with the USA would cease immediately.
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Er... what? How will it be the end of the world?
A treasury bond collapse would dwarf a US dollar collapse. All trade with the USA would cease immediately.
The world can outlive even the destruction of humans....
Well...no...the planet itself would not explode. But what would you call it where nobody could get their meds from pharmacies?
I would call it the end of the world.
Sen. ron johnson today asked janet yellen..."Do you intend to take the debt to 50 trillion"?
She said yes.
The reality is we're fucking our environment up. We're using so many antibiotics that they'll be useless soon,
No argument there.
But when 25% of the population drops dead from no heart or diabetes meds and another 25% go mad from no anti-depressants...we're in a whole new world.
And that's just one aspect of not raising the debt ceiling. Then ya got food, gasoline, electricity...etc...etc...
an apocalypse event which kills off 75% of humanity still would leave us with more people than existed 200 years ago.
Again...no argument.
But I don't want to see that happen!
Tucker peddles fear. When the republicans are in power he peddles fear of being undermined and overthrown. When the republicans are out power he peddles fear of everything burning down.
Our currency has slowly been reduced over the years as a percent of total circulation. It's not a big deal. The risk in investing in China's currency is real and one drop will send people running home.
Do you post that for every manufactured emergency the right wing is panicked about: