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Humanities Section => Political/Government General Discussion => Topic started by: Cassia on January 16, 2023, 04:37:03 PM

Title: Looming US Government Default
Post by: Cassia on January 16, 2023, 04:37:03 PM
Heads up...If the crazed trumpets in congress cause a failure of congress to raise the Federal debt limit, and the government defaults in this inflationary environment, the US economy will go into deep recession and likely take years (if ever) to recover. 
Title: Re: Looming US Government Default
Post by: Unbeliever on January 16, 2023, 05:02:56 PM
Yeah, I read that some economists are predicting a recession soon. I certainly wouldn't put it past the Repugnants to do something like that just to hurt the Democratic party, even though it would likely hurt their own party more.