… are totally repudiating the debt ceiling deal. Stocks are dramatically down; government securities are dramatically up.
Do they not have televisions, radios, newspapers or the internet in Washington? Are they too busy talking to each other to see and hear what is happening in the country and around the world? Is their assigned agenda unmovable at any cost? Scaring the people so that Medicare and Social Security can be undermined seems to be all that matters.
It is as if they wanted another Great Depression. Investors are scared.