Wild ride

Submitted by DitchTheQuid t3_113il3k in wallstreetbets

Idk guys the house seems content with letting the US default to throw the economy at the president’s feet. There might be some wild rides about to happen in the coming months

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VisualMod t1_j8qfdy3 wrote

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neutralpoliticsbot t1_j8qhhmq wrote

lmao every year it happens and every year there are people who seriously think us can default LMAO

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token-eater t1_j8qhpmy wrote

I think if the US defaults the stock market will be the least of our worries

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devilsgospel666 t1_j8qxwzc wrote

Yes they're gonna crash the entire world economy for the lulz.

How many times have we done this now? Where's my chart...

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DitchTheQuid OP t1_j8r7ckp wrote

For the lulz? Economy is doing too good, republicans have almost nothing to hold over the president’s head besides social issues. When has it ever worked for republicans in modern years playing the social issues card? Social issues is the dem game, republicans need economic negatives to hold over incumbent dems and they’re grasping at straws to do so right now

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JohnnyFnCliche t1_j8r7wuy wrote

"OMG, THE US IS GONNA DEFAULT UNLESS THEY RAISE THE DEBT CEILING!"

Congress raises the debt ceiling yet again

Max out the new debt ceiling

Rinse & Repeat

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DitchTheQuid OP t1_j8r8o8e wrote

This is a different house then we’ve ever seen. But I’ll speak in y’alls terms. Hedge funds are taking short positions in US treasuries at elevated levels

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