I'll let you read the article for yourself. Q&A gets interesting about half-way down. I guess we are going to find out if this time is actually different than in the past, this summer.
It all speaks to De's asymptotic curve, the Forever wars, and the whole rotten system.
I hope everyone has a plan which doesn't involve just stock markets and pensions. That's kind of hard to arrange, I must confess (as someone who is trying).
http://tomluongo.me/2023/05/04/this-debt-ceiling-fight-is-truly-different-this-time/