Posted by FortuneBull777 > 2023-05-26 16:00 | Report Abuse

We should hear the settlemnt between Republicans and Democrats in few more days!
Instead of year by year, they would agree on 2 years! So there won't be another next year debt ceiling drama!
But let's face it, eventually US will reach a time where they won't be able to rise debt ceiling anymore! And default is as certain as WW3!

Posted by FortuneBull777 > 2023-05-26 16:01 | Report Abuse

But for now, we should be relief of debt ceiling drama until after US election!

Posted by i3lurker > 2023-05-26 16:12 | Report Abuse

unlikely coz US is the greatest producer of crude oil without any effort at all.
many parts of US has oil drilling ban in place to preserve environment.

US crude reserves exceed Saudi

Posted by qqq47660 > 2023-05-26 16:52 | Report Abuse

today default tomorrow print...its a non event.

its a media event

Posted by qqq47660 > 2023-05-26 16:53 | Report Abuse

the only way to break US is with BRICS+ and BRICS+ currency.

Posted by FortuneBull777 > 2023-05-26 16:55 | Report Abuse

De dollarization is happening! I mean, why wait until US dollar collapse!

Posted by qqq47660 > 2023-05-26 16:55 | Report Abuse

https://www.youtube.com/watch?v=vPjJm3k0nNc


look at the graph.............in gdp terms, US has done very very well. ... just too bad none of the increased GDP go to help the bottom 80% people

Posted by qqq47660 > 2023-05-26 16:56 | Report Abuse

De dollarization.........................................but look at this year USD charts.........................USD did very well this year.

Posted by chinaman > 2023-05-26 19:04 | Report Abuse

usd fiat currency war vs bitcoin cryto currency -who will prevail?