The US is--once again--hitting its debt limit. You'll be seeing and hearing "END OF THE WORLD IF WE DON'T INCREASE THE DEBT" stories promulgated by Too Big to Fail banks and--of course--Federal Government sources.
They're mostly lying, of course. The US can roll over existing debt and pay Soc Sec and Fed payroll with actual daily cash-flow if there is no debt-limit increase. But the Democrats and loose-boweled Republicans cannot send candy to their good buddies. So yes, there will be unemployment--of the cancers, remoras, and bloodsuckers.
Boo-hoo.
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