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Apparently nobody in the US seems to understand that debt ceiling shenanigans and government shutdowns makes them look like Argentina.

• chii 3y ago
  The exact same sentiment was had last time. The consequences from these shenanigans last time had very little real impact - a _very_ slight increase in interest rate on treasuries. And i predict that this time, at the last minute, the bill will pass again, like every other time. Unless the republicans truly believe that it's worth going down with the ship for.
  • ethbr0 3y ago
    The US Republican party, as with all parties even in America, has a continuum of members. Some would be fine letting the US default if their demands aren't met (e.g. Tea Party types). Others not so much. One difference this time is the amount of trouble the House Speaker had getting elected by his own party, and any closed door concessions related to that were very likely promises around budget and the debt ceiling.
  • ikiris 3y ago
    You're literally looking at the graph of the impact here.