#debtdefault

[stuff-by-parm]

Games

The games people play… but at what cost?

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[bloggingbandit]

"The Looming Debt Default: What It Is and Why You Should Care"

In recent news, prominent economists and activists have raised concerns about a looming debt default that could have severe consequences for the global economy. With the current state of affairs, it's essential to understand what a debt default is and why it's important.

A debt default occurs when a country or organization fails to make payments on its debts, leading to a loss of confidence among investors and creditors. This can have a ripple effect throughout the financial system, leading to a credit crunch and an economic recession.

The looming debt default has been attributed to a combination of factors, such as rising debt levels, slow economic growth, and political instability. If not addressed, this issue could lead to a significant financial crisis that could affect millions of people worldwide.

So why should you care about the debt default? For starters, a financial crisis could lead to job losses, reduced economic growth, and higher inflation rates. This could have a substantial impact on your personal finances, such as your savings, investments, and retirement plans.

Moreover, the debt default could affect global trade and international relations. Countries that are heavily indebted could become vulnerable to outside influence, leading to geopolitical tensions and instability.

In conclusion, the looming debt default is a significant issue that requires urgent attention from policymakers and citizens alike. It's crucial to stay informed about the current state of affairs, engage in discussions about the issue, and take action to prevent a potential financial crisis.

To stay updated on the latest news and developments regarding the debt default, follow credible news sources and sign up for newsletters and alerts. Remember, knowledge is power, and being informed is the first step towards making a positive change.

@BloggingBandit1

[wmproprt]

The Majority Of Government Proves Unworthy Of The Fallen's Sacrifice

@ChrisSalcedo17: Perhaps a Convention of States…

#DebtCeiling

#DebtDefault

The @gop train wreck in voting with socialists in Texas to throw @KenPaxtonTX under the bus…

[entrepreneurshipsecrets]

A Debt Settlement Advice On How to Recover From Debt

Millions of people are drowning in debt and it’s hard to see the light at the end of the tunnel when you are being harassed by bill collectors every day. One thing that you have to keep in mind is that you didn’t get into debt overnight and you won’t get out of debt overnight. It’s very easy for you to get into debt but it’s not so easy to get out. Continue reading: https://www.entrepreneurshipsecret.com/a-debt-settlement-advice-on-how-to-recover-from-debt/ Read the full article

[trypurplenotes]

“Mr. Speaker, we are here now in chapter 11 [bankruptcy]. Members of Congress are official trustees presiding over the greatest reorganization of any bankrupt entity in world history, the U.S. government.” — Congressman Traficant on the House floor, March 17, 1933 #debtdefault #itshappenedbefore

[saracausey1]

As much as I have to hold my nose as I write this, I at least partially agree with Dimon on this one. Market volatility + panic = not a good scenario. And that’s one of the reasons why I have been on my blogs and my podcast warning people about not only the economic 💩storm but the job market 💩storm as well.

[saracausey1]

Key topics:

✔️ ICYMI news, 5/8 - 5/12. ✔️Are wealthy Americans hit harder or are they pulling back precisely because they don't want to go broke in the middle of this mess? ✔️Profiteering from bank failures?! Say it ain't so. 😒 ✔️The fat cats will also find a way to profit from this debt default mess. Whether The Fed turns on its fiat currency printing press yet again or we're allowed to default (which I doubt), someone at the top will make a boatload of money from it. 'Twas ever thus.

[stuff-by-parm]

Game On

You spend money, then hum and haw about whether you want to pay for what you bought. News alert, not a game!

Mo & Mo comics at disentangledweb.com