US Treasury Begins "Extraordinary Measures"....Again
US Treasury Begins "Extraordinary Measures"... Again
Heresy Financial: 1-19-2023
Surprise, surprise, surprise. The US Government has yet again reached its debt limit and Treasury Secretary Yellen has warned Congress it will now have to take extra ordinary measures.
I would say this is completely unbelievable, but let us be honest, it is extremely believable and very predictable at this point how this will go.
Both economists and bureaucrats like Janet Yellen will be warning Congress of the impending doom as it comes down to the wire with politicians bickering back and forth about debt ceiling issues and where they are going to be spending their money and who is going to give what up to who.
And at the very last second, finally, something will be passed, and they will avert an imminent destruction right at the last moment with no seconds to spare.
Timecodes
0:00 Video Introduction
0:44 Extraordinary Measures Begin to Take Place
3:10 Empowered Investor LIVE
3:30 How Will the U.S. Default on its Debt