I’m not moving the goalposts here, I’m illustrating a progression. Like any good narrative, it builds on itself and that’s what they’re “reset” is doing. Part 1 was geopolitical reshuffle. Part II was political theater and fascist dictates. Part III convergence zone is economic:
- 9/20 Evergrande and debt market fracture, Canadian election.
- 9/21 first day of fall, occult significance. “The harvest”?
- 9/22 fed fomc meeting
- 9/27 US infrastructure bill deadline
- 9/31 US gov runs out of money
- this is the set up. What comes next will be difficult esp if unprepared
The debt limit will be raised for the US. It's ALWAYS raised. Only time it almost wasn't, was back in 2010 when a bunch of Tea Party types held the line, but there weren't enough of them and there was enough votes that theirs weren't needed to pass some shit bill or another. I remember John McCain being pissed as hell at them, calling them Hobbits that think they were going to destroy the one ring by holding the entire system hostage.
Thing is...he was right. A US debt default would cause massive damage. And while we couldn't go home to the Shire, something like this will occur soon enough. Better to get it out of the way now, or there will be a war to cover for it.
They can’t pass the infra bill without raising debt ceiling. Raising the ceiling will affect credit worthiness therefore treasury rates
RAISE THE DEBT CEILING TO ONE ...GAJIRRION...DOOLLAAAAARSSSSS !!!
at this point our money is just a social construct
Guaranteed market impact this week. (Opinion, not financial advice)
Yes, and the raising of the debt limit will involve horse trading for every Senator and House member to ladle the thing up with pork in exchange for a vote. It's the way the legislature has power over the executive branch.