It's serious the usa are in situation to default but nowhere info?
The news should look this," people we are in the real trouble and we are about see huge financial collapse and fed having the problems no easy fix "
I mean news are full of other news wich is not even so important compared with this one.
The USA financial system is now close to collapse we are few days away from default.
In this case only way untfortunately will be full scale war.
The amount of debt ....it can not be balanced out with small crisis.
Do you think government will allow their people to panic about their current financial situation? Making it known in the public will just worsen their financial situation due to panic. I believe people already knew it personally since they experienced it on daily basis so there’s no need for an official statement that will worsen while everyone is still calm right now despite they are already experiencing financial crisis.
US government is very good on manipulating the media even with worst situation. Don’t expect a strong country like US will show sign of weakness publicly. Everyone can notice the problem but there’s no way US government will admit it unless of course it’s already too obvious and no excuse can hide it.
Sure but anyone who understood more see that things are serious now.
Techically it can last long month not longer If they don't change.
And liquity can't support anymore some assets,banks,and exchangers some must go and some stocks might disapere also the Banks.
There is not resources to support with liquitity.