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But even so, he said, investors should be prepared for a “worse outcome.” Kelly suggests that traders prepare a “debt-ceiling disaster emergency kit” which could include real assets and high-quality international stocks and bonds, denominated in foreign currencies. Even if disaster is averted, it’s not a bad idea to keep the so-called kit on hand, said Kelly. “Given still relatively cheap overseas valuations and the current under-exposure of U.S.
therealdonaldtrump would be cutting rates and pushing the FED hard, I.e. should’ve cut by 225 BP, not raised 225 BP. Hello Japan…
Since 1960, Congress has acted 78 separate times to permanently raise, temporarily extend, or revise the definition of the debt limit – 49 times under Republican presidents and 29 times under Democratic presidents.
My pray is that you should start talking about Jesus’s second coming because he is very soon. Discover wats on river Euphrates right now and relate it to bible and tell world the truth
Default is the only way.
Good. Maybe it’s time to stop spending and borrowing. Start cuttting
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