Submitted by DitchTheQuid t3_113il3k in wallstreetbets
Idk guys the house seems content with letting the US default to throw the economy at the president’s feet. There might be some wild rides about to happen in the coming months
Comments
token-eater t1_j8qhpmy wrote
I think if the US defaults the stock market will be the least of our worries
devilsgospel666 t1_j8qxwzc wrote
Yes they're gonna crash the entire world economy for the lulz.
How many times have we done this now? Where's my chart...
DitchTheQuid OP t1_j8r7ckp wrote
For the lulz? Economy is doing too good, republicans have almost nothing to hold over the president’s head besides social issues. When has it ever worked for republicans in modern years playing the social issues card? Social issues is the dem game, republicans need economic negatives to hold over incumbent dems and they’re grasping at straws to do so right now
JohnnyFnCliche t1_j8r7wuy wrote
"OMG, THE US IS GONNA DEFAULT UNLESS THEY RAISE THE DEBT CEILING!"
Congress raises the debt ceiling yet again
Max out the new debt ceiling
Rinse & Repeat
VisualMod t1_j8qfdy3 wrote
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DitchTheQuid OP t1_j8r8o8e wrote
This is a different house then we’ve ever seen. But I’ll speak in y’alls terms. Hedge funds are taking short positions in US treasuries at elevated levels
neutralpoliticsbot t1_j8qhhmq wrote
lmao every year it happens and every year there are people who seriously think us can default LMAO