Thanks for the email Susan
Published on Feb 25, 2017
Former
White House Budget Director David Stockman drops a bomb in his latest
interview by saying, “I think what people are missing is this date,
March 15th 2017. That’s the day that this debt ceiling holiday that
Obama and Boehner put together right before the last election in October
of 2015. That holiday expires. The debt ceiling will freeze in at $20
trillion. It will then be law. It will be a hard stop. The Treasury
will have roughly $200 billion in cash. We are burning cash at a $75
billion a month rate. By summer, they will be out of cash. Then we
will be in the mother of all debt ceiling crises. Everything will grind
to a halt. I think we will have a government shutdown. There will not
be Obama Care repeal and replace. There will be no tax cut. There
will be no infrastructure stimulus. There will be just one giant fiscal
bloodbath over a debt ceiling that has to be increased and no one wants
to vote for.”Published on Feb 25, 2017
Stockman also predicts very positive price moves for gold and silver as a result of the coming budget calamity.
5 comments:
Budget Talks & Fiscal Cliff - Explained - Cheat Sheet
When Donald Trump audits and ends the FED ... but how can it be when Washington DC is a partner in crime?
This is simply more cabal blackmail bullshit...........do an intel history on this zionist nazi commie scumbag and see what turns up . I can only hope he chokes and suffocates on his own vomit.....just sayin'
It Seems The Fiction Is Strong In This One ! And All through The Election They Said Trump Would Not Win And If He did Wall Street Would collapse Well? Wrong Again Idiot ! So Why Would This Article Be Any Different? BULL Crap Is All It Is !
Two related postings:
1 http://www.zerohedge.com/news/2017-03-01/prominent-hedge-fund-trader-jumps-his-death-manhattan
2 Obama “Black House” vs. Trump “White House” War Goes Nuclear After Clinton Banker Suicided
http://www.whatdoesitmean.com/index2251.htm
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