Let’s not go the DOOM and GLOOM route just yet. You read this and realize it is ECONOMISTS pontificating on the potential impacts of a government default. We harbor a dim view of economists in general seeing as their opinions based on a lot of factors and data that could be manipulated or flawed or misdirected. Think Jim Cramer from MAD MONEY who advocated investing in SVB bank days before crash. Remember there are a top tier of brilliant bankers who run this country with a super controlling iron fist since 12/13 1913 and who operate on 10 , 20 or 30 year plans going out which is why many moves made make no sense processed thru short term thinking processes. We are NOT soothsayers so we cannot proclaim what our documented dysfunctional government will do in the next few weeks up to default deadline but we DO KNOW there is a plan somewhere in the lofty realms of the Federal Reserve to manage it. Don’t fret over what you cannot control. Live your life as simple as you can and all will work itself out.The fear mongers in our BS lying 2 faced mainstream media (not us) love to sow uncertainty as it somehow serves their demented purpose. Take heed and be advised.

by | May 12, 2023 | Banking and Finance, Breaking News, General politics, Latest News, Media

https://www.cnn.com/2023/05/11/economy/debt-ceiling-trump-fact-check/index.html?utm_source=business_ribbon