Comments by "Jeffrey Marshall" (@jeffreymarshall4572) on "Vox" channel.

  1. We shouldn’t need a debt ceiling. We should be able to trust the government will regularly balance a budget.
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  2.  @nbibby  There are plenty of investment vehicles besides US bonds. There will be a tipping point in the not so distant future where investors won’t touch them due to the high probability of default. In fact, the major entity buying them since the GFC has been the Fed. The Fed should unload their $9 trillion balance sheet onto the private sector - but rates would skyrocket and the US would immediately be insolvent.
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  3.  @GregTom2  No, it isn’t and will prove to be our undoing. Our founding fathers warned us about debt and it’s perils.
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  4. And it works till the number of work tardies gets you fired.
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