I often repeat: The potential loss of the dollar as a reserve international currency is now underway. The ability to protect U.S. global interests in the future will be diminished in this process.
Do not treat unlimited government spending lightly. The repercussions can be extremely serious in matters of our economic and national security.
The debt ceiling question is not important. Spending below that ceiling resolves the problem.
A budget deficit that cannot be overcome without massive
taxation is guaranteed to stifle economic growth. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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