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re: Capital One 360 Performance Savings - UPDATE: 4.35% APY as of 12/11/23
Posted on 3/9/23 at 9:41 pm to 98eagle
Posted on 3/9/23 at 9:41 pm to 98eagle
quote:if the us defaults on treasury payments it’s going to be Armageddon
If the debt ceiling is not raised the Treasury will not be able to pay all of it's massive obligations, which include maturing T-bills
ain’t gonna happen
1
Posted on 3/9/23 at 9:44 pm to wileyjones
I agree it would be a massive hit to the economy. Does that make it less likely or more likely to happen in today's world of insanity? Do you think the Treasury would pay maturing T-Bills over delaying Social Security payments as an example or would T-Bills be lower on the totem pole? I think I know who would get shafted.
How Worried Should We Be If The Debt Ceiling Is Not Lifted?
How Worried Should We Be If The Debt Ceiling Is Not Lifted?
This post was edited on 3/9/23 at 10:01 pm
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