Comments by "serafina costa" (@serafinacosta7118) on "The Debt Ceiling Issue: Will the US Gov Default? || Peter Zeihan" video.
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And folks , if I may ….
Don’t pay attention when your pandering politicians and the media bring your tax payer dollars being poorly spent. Your tax levies add just enough to service the US Debt. That is just plain demagoguery, same pattern repeat ballplayers use on their shower interviews.
The 800 lb gorilla in the room is the bond market. And Peter mentions on this short ,” the US Government ability to raise capital in order to function and meet its obligations , Social Security and Medicare included. That is the money that actually speaks louder.
There is a reason more then 800 million live in Mexico and other places , nowadays. American expats , including military personnel , executives , retirees , self exiled expats, digital nomads , that sum is about 9 million, give or take , nowadays. Folks are jumping ship.
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