2023-06-01 04:45:30
The end of the world is cancelled. The US Senate still has to agree to raising the debt limit, which is likely to involve all sorts of theatrical thunder. But following the bipartisan approval of the law in the House of Representatives, one thing is clear: the Democrats and the remaining reasonably rational Republicans want to avoid a financial crash that would plunge the global economy into devastating turbulence. The US will meet its obligations to the capital markets and pay out its seniors’ pensions on schedule.
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#Republicans #proved #incompetence #govern #Karl #Doemens