They need to raise the debt limit, and Janet Yellen claims if we don’t raise it, there will be a global financial calamity. But mother nature says if you DON’T stop raising the debt limit there WILL be a financial calamity.
So the obvious mentality must be….”If we don’t raise the debt limit, we WILL get a US dollar financial collapse soon after. So why rush it, and stop raising the debt limit” And bring on a calamity sooner rather than later?” “Let mother nature do what it wants later”. Or….
“Look We’ve been smoking three packs a day for the last 50 years, and nothing happened, so why quit now?”