noarchy
Joined 17 years ago
Joined 17 years ago
There may come a time when the interest on the debt becomes so out of control that it cannot be serviced, likely in conjunction with people dumping bonds and leaving interest rates soaring. Meaning, America's credit goes up in flames. We're obviously not there yet and maybe it will never happen. That said, remember when Trump backed off extreme levels of the "Liberation Day" tariffs? Real fears of bond-dumping seem to have a lot to do with the more measured (relatively-speaking) approach to tariffs we're now seeing. If debt holders dump the 10-year bonds enough, it causes real issues for debt repayment.
“ Kirk went on to say, “And by the way, if some amazing patriot out there in San Francisco or the Bay Area wants to really be a midterm hero, someone should go and bail this guy out … Bail him out, and then go ask him some questions.” "
Of the top men's 100m runners (in terms of times) only a few escaped the testing dragnet unscathed, one of which is Bolt. As entertaining as Bolt was to watch I have little faith that he was clean at his peak.
People are naive about how much sports are riddled with PEDs. It certainly isn't just Tyson Gay. You only know about the ones who get caught. But there is enough info out there to suggest that getting caught is just a matter of slipping up.
Your blood pressure issues notwithstanding, I don't think you believe that the US can possibly default or renege in any way on its debt, so there may not be a point in going on. History has run this experiment before and sovereign nations absolutely can default and/or renege on debt obligations. I certainly hope we don't see that in the case of the US. But I'm also not irrational enough to believe it's impossible.