Comments by "Peter deWolf" (@StoneShards) on "Don't Raise the Debt Ceiling, Keep the Government Shut Down til 2024" video.

  1. Credit rating is the smallest part of default's effect! Can you say, "Margin call!"? Default means bankruptcies, and liquidation. Foreign investors just get your shit! hahaha..."You have limited credit to work with"; "What if I exceed that limit"; "Then we'll increase the limit"...Huh? The limit has, apparently, no PRACTICAL value, so it's value must lie elsewhere...hmm..."The appearance of propriety"?...
    1