Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “default on U.S. debt”

U.S. On Brink Of Financial Ruin

The Congressional Budget Office said on Friday that there was a “significant risk” that the federal government could run out of cash sometime in the first two weeks of June, setting the United States up for a default. The warning came as the White House and congressional leaders spent the week in negotiations over how to raise the $31.4 trillion borrowing cap. Here’s more from Chris Martenson on Peak Prosperity.

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