As of 8:05 AM EDT- there is still no deal to raise the US Debt Ceiling. VERY conflicting reports coming out of DC this morning; some say a deal is "close" while others say there's little to no movement by either the President or Congress.
Meanwhile, Treasury Secretary Janet Yellen is allegedly saying today that the US Gov't can make it until June 9 before actually defaulting. Interesting how, for weeks, she's been saying "June 1" and now, all of a sudden, the date gets moved to June 9. Tells me this is all "theater."
When you take a moment to stop and actually think about it, they need to BORROW money, to pay the loans for what they've already BORROWED! The whole thing is absurd.
Since no one in their right mind is buying their debt, the phony "Federal Reserve" which is neither "federal" nor a "reserve" buys the debt using phony money created out of thin air via computer entry, and the whole shebang keeps rolling on.
This truly has become a circus and the elected politicians in Washington DC are the clowns.
