Re: US could run out of cash as soon as Dec. 15, Janet Yellen warns
⭐ Merited by buwaytress (1)
This time it will!!!! 
These are just like zerohedge predictions, I remember this line from gentlemand:
Guess what, nothing will happen.
The US government won't run out of money, the US will not default and the next year we're going to have the same discussions again and this time it will be the last time...or maybe not!
The US debt is in $, the US can print $, unlike any other country they don't need another currency but others need theirs, so, nothing to see for a while, move along.
Really depends on what you're buying.
Things here are just a mess, a complete mess, prices for energy have skyrocketed, prices for some things like electronics or spare parts the same, some foods again, but others...not really. Meat and vegetables stayed nearly flat, fruits barely moved, transportation costs flat (except if you drive yourself, of course), most services the same, or clothes and health products.
It has a lot to do with what you import, how much of it, and how bad the sector was hit by this.
These are just like zerohedge predictions, I remember this line from gentlemand:
~ Zerohedge, the site that predicted 200 of the last 2 recessions.
Guess what, nothing will happen.
The US government won't run out of money, the US will not default and the next year we're going to have the same discussions again and this time it will be the last time...or maybe not!
The US debt is in $, the US can print $, unlike any other country they don't need another currency but others need theirs, so, nothing to see for a while, move along.
Though I wonder if 100k usd next year is going to be as valuable as 100k usd now.
Really depends on what you're buying.
Things here are just a mess, a complete mess, prices for energy have skyrocketed, prices for some things like electronics or spare parts the same, some foods again, but others...not really. Meat and vegetables stayed nearly flat, fruits barely moved, transportation costs flat (except if you drive yourself, of course), most services the same, or clothes and health products.
It has a lot to do with what you import, how much of it, and how bad the sector was hit by this.