Debt Ceiling

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File: 276cc5f4df46dde⋯.png (186.66 KB, 600x339, 200:113, imokwiththis.png)

Debt Ceiling Anonymous 01/10/19 (Thu) 00:12:27 No.95916

With how the non-debates are going over the Wall with Trump and the new Congress, and each side blaming the other for the gridlock, isn't the same going to happen in a few months over the debt ceiling debate? What stops the debt ceiling debate turning into, "The Dems aren't providing a solution"/"Trump isn't playing ball and being a bully again?"

Isn't there a really high likelihood that the gridlock will cause the U.S. government to fall into default? What will happen if the U.S. defaults?

Pic related: they're my true feelings.

Anonymous 01/10/19 (Thu) 03:02:38 No.95938

>>95916

The debt ceiling is a gimmick. It will continue to rise until physical raw resources are stripped beyond the limits that government actors can pretend don't exist (at which point it will all come crashing down). Until then, as said, the debt ceiling is basically just a big number that means nothing.

Anonymous 01/10/19 (Thu) 03:32:33 No.95939

>>95938

Simply not realistic. Debt levels determine everything, including interest rates which determine how much actual economic activity can take place in any given time frame.

Anonymous 01/10/19 (Thu) 18:32:05 No.95988

>>95939

Debt is a spook. Government policy can hinder economics but there is a fundamental separation.

Anonymous 01/10/19 (Thu) 18:40:50 No.95989

>>95939

Both the debt ceiling and interest rates have been superseded by government fiat.