Monetary markets are lastly taking discover of the chance that the USA might quickly default on its money owed. Rates of interest on short-term debt and the price of insuring in opposition to default have spiked, reflecting fears that U.S. debt received’t be repaid on time.
Few issues concerning the looming disaster ought to come as a shock. Anybody anticipating a MAGAfied Republican Get together, most of whose supporters don’t consider that Joe Biden was legitimately elected, not to weaponize the debt restrict — a…
