In the land of the broke, there is no shortage of surprises for people used to drink the Kool-Aid. Here are some myths around the debt ceiling saga to the market crash to the US downgrade:
1. The debt ceiling talks between the Democrats and the Republicans were never about cutting the existing budget but cutting (maybe) future spending. Will it be 1.8T$ or 1.85T$ of new money they don’t have? Yes the Tea Partiers talk about cutting the budget like you an I think about cutting a budget but then again – we are calling them the t… word.
2. The …Read More