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White House threatens economic catastrophe without action on debt limit

 
ST. FLOYD OF FENTANYL
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09/17/2021 01:17 PM
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White House threatens economic catastrophe without action on debt limit
All I did was make the title true.
[link to texasnewstoday.com (secure)]


The White House warned on Friday that if US Congress did not extend its debt limits, the economy could fall into recession and lead to significant reductions in national services.

The government is facing a debt limit deadline in October, after which it may not be possible to pay all bills without parliamentary approval.

Democratic President Joe Biden and his aides are trying to mediate a deal with the Republican Party to resolve a confrontation over a $ 28.5 trillion increase in federal borrowing limits.

The administration has warned legislators that the country is at risk of a new financial crisis and default of its payment obligations.

“Economic growth slows, unemployment rises and the labor market can lose millions of jobs,” the White House said in a new fact sheet.
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Quoting: Anonymous Coward 8100888
Anonymous Coward
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Canada
09/17/2021 01:24 PM
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Re: White House threatens economic catastrophe without action on debt limit
All I did was make the title true.
[link to texasnewstoday.com (secure)]


The White House warned on Friday that if US Congress did not extend its debt limits, the economy could fall into recession and lead to significant reductions in national services.

The government is facing a debt limit deadline in October, after which it may not be possible to pay all bills without parliamentary approval.

Democratic President Joe Biden and his aides are trying to mediate a deal with the Republican Party to resolve a confrontation over a $ 28.5 trillion increase in federal borrowing limits.

The administration has warned legislators that the country is at risk of a new financial crisis and default of its payment obligations.

“Economic growth slows, unemployment rises and the labor market can lose millions of jobs,” the White House said in a new fact sheet.
 Quoting: ST. FLOYD OF FENTANYL


just a dog and pony show...it will be approved no matter what
Anonymous Coward
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09/17/2021 01:27 PM
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Re: White House threatens economic catastrophe without action on debt limit
All I did was make the title true.
[link to texasnewstoday.com (secure)]


Satan warned on Friday that if US Puppets did not extend its debt limits, the economy could fall into recession and lead to significant reductions in national services.

The great satan is facing a debt limit deadline in October, after which it may not be possible to pay all bills without uniparty approval.

Uniparty President Joe Biden and his demons are trying to mediate a deal with the fake opposition party to resolve a confrontation over a 28.5 trillion soul increase in federal borrowing limits.

Satan has warned legislators that the great satan is at risk of a new financial crisis and default of its payment obligations.

“Economic growth slows, unemployment rises and the slave market can lose millions of cattle,” satan's demons said in a new fact sheet.
 Quoting: ST. FLOYD OF FENTANYL


fixed for laughs
ST. FLOYD OF FENTANYL  (OP)

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09/17/2021 01:27 PM
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Re: White House threatens economic catastrophe without action on debt limit
All I did was make the title true.
[link to texasnewstoday.com (secure)]


 Quoting: ST. FLOYD OF FENTANYL


just a dog and pony show...it will be approved no matter what
 Quoting: Anonymous Coward 80780145


Especially under this trainwreck of an admin.
Butthurt? Click 'Add to Ignore List' under my username

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VACCINES ARE THE LEADING CAUSE OF COINCIDENCES
'Your user name here makes me want to punch you in the fucking face, you sick fucking diseased cunt'
Quoting: Anonymous Coward 8100888
Michæl

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09/17/2021 03:04 PM

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Re: White House threatens economic catastrophe without action on debt limit
parliamentary ?
Chuck it in the fuck it bucket
Anonymous Coward
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09/17/2021 03:06 PM
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Re: White House threatens economic catastrophe without action on debt limit
Fuck the pedo house. Let it collapse already.
GreatWhiteDope

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09/17/2021 03:10 PM

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Re: White House threatens economic catastrophe without action on debt limit
"it may not be possible to pay all its bills without PARLIAMENTARY approval".

Which country are we talking about here, OP?
most people are not remembered by history for their virtue, but rather by what they have written.
VinoSom

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09/17/2021 03:13 PM
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Re: White House threatens economic catastrophe without action on debt limit
This is literally like maxing out your credit cards and being able to raise your debt limit indefinitely. Stop kicking the can. The system is broke. We are bankrupt morally and financially. Our money is no longer worth the paper it is not printed on. Let the entire system crash and burn...it's time...let's get this over with already.
Anonymous Coward
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09/17/2021 03:13 PM
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Re: White House threatens economic catastrophe without action on debt limit
FORCLOSE ON THE ELITE!
*
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09/17/2021 03:21 PM
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Re: White House threatens economic catastrophe without action on debt limit
Not this chit again.The gov pulls in roughly 3.75 trillion in tax revenue via gun point each year.Game over.
Anonymous Coward
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09/17/2021 03:23 PM
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Re: White House threatens economic catastrophe without action on debt limit
I say every country should abolish debt limits. We could live in a utopian paradise but they keep all the fiat money under lock and key and trickle it out.

I say give everyone on Earth 1 billion dollars.
Anonymous Coward
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09/17/2021 03:30 PM
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Re: White House threatens economic catastrophe without action on debt limit
That's like threatening to kill someone when they're already dead.
Anonymous Coward
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09/17/2021 03:37 PM
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Re: White House threatens economic catastrophe without action on debt limit
Let it burn ffs.
stillintrigued

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09/17/2021 03:40 PM
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Re: White House threatens economic catastrophe without action on debt limit
But keep sending those billions of dollars of USAID all over the world and to the church so we can take another 5 million foreigners here while their 'leaders' live like kings!
Anonymous Coward
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09/17/2021 03:44 PM
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Re: White House threatens economic catastrophe without action on debt limit
All I did was make the title true.
[link to texasnewstoday.com (secure)]


The White House warned on Friday that if US Congress did not extend its debt limits, the economy could fall into recession and lead to significant reductions in national services.

The government is facing a debt limit deadline in October, after which it may not be possible to pay all bills without parliamentary approval.

Democratic President Joe Biden and his aides are trying to mediate a deal with the Republican Party to resolve a confrontation over a $ 28.5 trillion increase in federal borrowing limits.

The administration has warned legislators that the country is at risk of a new financial crisis and default of its payment obligations.

“Economic growth slows, unemployment rises and the labor market can lose millions of jobs,” the White House said in a new fact sheet.
 Quoting: ST. FLOYD OF FENTANYL


We have been here repeatedly before, but I think this time it will be different. It appears that China is making demands in order to loan the USA money. It appears that Afghanistan and Taiwan were given over to them as an act of good faith. Has the Biden regime given on3e island in Hawaii to the Chinese as well? I think Biden is soo much worse than Trump was but, in fairness, the usa was going to reach this point sometime. It has been inevitable. We are at the point where, even if we raise the debt limit, the world now knows that they can and should get collateral for any further lending to the USA. I wrote to Trump in 2017 and said I know that he cannot stop the inevitable collapse. The best anyone could do was postpone it for longer. I think trump was doing all he could on that end. Most all presidents knew it would happen some day, but postponed it with stimulus to outrun the blame (political term0.

However, as it appears that more people are at the tipping point of trust on the narratives of the government, they have much incentive to crash the economy intentionally to prevent people from having any monetary base from which to foment rebellion.

There have been too many survivors from the death jab so the DS is in a panic. In terms of effective extermination of people, they screwed up. So, If you are so busy trying to take care of your family and help them survive to consider fighting any kind of battle or traveling anywhere to rebel. That's the goal anyway.

I think the crash will be in Mid October and few if any national economies of the world will ever recover from it.
And with that I would guess bank bail-ins in mid October.
If you know what that means, you won't like it.

By early December, I would guess major changes in the world and society at large will have people struggling to regain their equilibrium.
Digital mix guy

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09/17/2021 03:48 PM

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Re: White House threatens economic catastrophe without action on debt limit
bump
Have no fear, Spock is here!!! LLAP
Anonymous Coward
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09/17/2021 03:51 PM
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Re: White House threatens economic catastrophe without action on debt limit
All I did was make the title true.
[link to texasnewstoday.com (secure)]


The White House warned on Friday that if US Congress did not extend its debt limits, the economy could fall into recession and lead to significant reductions in national services.

The government is facing a debt limit deadline in October, after which it may not be possible to pay all bills without parliamentary approval.

Democratic President Joe Biden and his aides are trying to mediate a deal with the Republican Party to resolve a confrontation over a $ 28.5 trillion increase in federal borrowing limits.

The administration has warned legislators that the country is at risk of a new financial crisis and default of its payment obligations.

“Economic growth slows, unemployment rises and the labor market can lose millions of jobs,” the White House said in a new fact sheet.
 Quoting: ST. FLOYD OF FENTANYL


Good let it all fucking collapse and show the truth USA is broke

and then Trump comes in and cleans up
Prayandprepare000

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09/17/2021 04:01 PM
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Re: White House threatens economic catastrophe without action on debt limit
I say every country should abolish debt limits. We could live in a utopian paradise but they keep all the fiat money under lock and key and trickle it out.

I say give everyone on Earth 1 billion dollars.
 Quoting: Anonymous Coward 80070202


I say every country should abolish debt limits. We could live in a utopian paradise but they keep all the fiat money under lock and key and trickle it out.

I say give everyone on Earth 1 billion dollars.
 Quoting: Anonymous Coward 80070202


AOC, welcome to GLP!
Anonymous Coward
User ID: 80335962
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09/17/2021 04:02 PM
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Re: White House threatens economic catastrophe without action on debt limit
All I did was make the title true.
[link to texasnewstoday.com (secure)]


Satan warned on Friday that if US Puppets did not extend its debt limits, the economy could fall into recession and lead to significant reductions in national services.

The great satan is facing a debt limit deadline in October, after which it may not be possible to pay all bills without uniparty approval.

Uniparty President Joe Biden and his demons are trying to mediate a deal with the fake opposition party to resolve a confrontation over a 28.5 trillion soul increase in federal borrowing limits.

Satan has warned legislators that the great satan is at risk of a new financial crisis and default of its payment obligations.

“Economic growth slows, unemployment rises and the slave market can lose millions of cattle,” satan's demons said in a new fact sheet.
 Quoting: ST. FLOYD OF FENTANYL


fixed for laughs
 Quoting: Anonymous Coward 79695833


YOU SHOULD BE A NEWSWRITER!!!!
Prayandprepare000

User ID: 78116487
United States
09/17/2021 04:04 PM
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Re: White House threatens economic catastrophe without action on debt limit
All I did was make the title true.
[link to texasnewstoday.com (secure)]


The White House warned on Friday that if US Congress did not extend its debt limits, the economy could fall into recession and lead to significant reductions in national services.

The government is facing a debt limit deadline in October, after which it may not be possible to pay all bills without parliamentary approval.

Democratic President Joe Biden and his aides are trying to mediate a deal with the Republican Party to resolve a confrontation over a $ 28.5 trillion increase in federal borrowing limits.

The administration has warned legislators that the country is at risk of a new financial crisis and default of its payment obligations.

“Economic growth slows, unemployment rises and the labor market can lose millions of jobs,” the White House said in a new fact sheet.
 Quoting: ST. FLOYD OF FENTANYL


We have been here repeatedly before, but I think this time it will be different. It appears that China is making demands in order to loan the USA money. It appears that Afghanistan and Taiwan were given over to them as an act of good faith. Has the Biden regime given on3e island in Hawaii to the Chinese as well? I think Biden is soo much worse than Trump was but, in fairness, the usa was going to reach this point sometime. It has been inevitable. We are at the point where, even if we raise the debt limit, the world now knows that they can and should get collateral for any further lending to the USA. I wrote to Trump in 2017 and said I know that he cannot stop the inevitable collapse. The best anyone could do was postpone it for longer. I think trump was doing all he could on that end. Most all presidents knew it would happen some day, but postponed it with stimulus to outrun the blame (political term0.

However, as it appears that more people are at the tipping point of trust on the narratives of the government, they have much incentive to crash the economy intentionally to prevent people from having any monetary base from which to foment rebellion.

There have been too many survivors from the death jab so the DS is in a panic. In terms of effective extermination of people, they screwed up. So, If you are so busy trying to take care of your family and help them survive to consider fighting any kind of battle or traveling anywhere to rebel. That's the goal anyway.

I think the crash will be in Mid October and few if any national economies of the world will ever recover from it.
And with that I would guess bank bail-ins in mid October.
If you know what that means, you won't like it.

By early December, I would guess major changes in the world and society at large will have people struggling to regain their equilibrium.
 Quoting: Anonymous Coward 79470017


Hum. Collateral for China with Afghanistan and Taiwan. Hadn't heard that idea before but it makes sense.
Anonymous Coward
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09/17/2021 04:04 PM
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Re: White House threatens economic catastrophe without action on debt limit
I say every country should abolish debt limits. We could live in a utopian paradise but they keep all the fiat money under lock and key and trickle it out.

I say give everyone on Earth 1 billion dollars.
 Quoting: Anonymous Coward 80070202


I say every country should abolish debt limits. We could live in a utopian paradise but they keep all the fiat money under lock and key and trickle it out.

I say give everyone on Earth 1 billion dollars.
 Quoting: Anonymous Coward 80070202


AOC, welcome to GLP!
 Quoting: Prayandprepare000


BUT THEN A ROLL OF TO ILET PAPER WOULD COST 1 BILLION!
Anonymous Coward
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09/17/2021 04:04 PM
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Re: White House threatens economic catastrophe without action on debt limit
The end.
Anonymous Coward
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09/17/2021 04:05 PM
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Re: White House threatens economic catastrophe without action on debt limit
And so could getting MILLIONS OF PEOPLE FIRED FOR NOT TAKING THE VAX
Nexus-9

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09/17/2021 04:07 PM
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Re: White House threatens economic catastrophe without action on debt limit
That's all that seems to come out of the White House these days are threats.
"Fiery the Angels rose, & as they rose deep thunder roll'd
Around their shores: indignant burning with the fires of Orc" - William Blake, America a Prophecy
(...also misquoted in Blade Runner by Roy Batty)

"Tempus est optimus iudex" - "Time is the best judge"

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Justme C'est Moi

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09/17/2021 04:09 PM

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Re: White House threatens economic catastrophe without action on debt limit
They are nuts.

28.5 Trillion!!

Let it crash then.
Justme
Anonymous Coward
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09/17/2021 04:15 PM
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Re: White House threatens economic catastrophe without action on debt limit
I say every country should abolish debt limits. We could live in a utopian paradise but they keep all the fiat money under lock and key and trickle it out.

I say give everyone on Earth 1 billion dollars.
 Quoting: Anonymous Coward 80070202


I say every country should abolish debt limits. We could live in a utopian paradise but they keep all the fiat money under lock and key and trickle it out.

I say give everyone on Earth 1 billion dollars.
 Quoting: Anonymous Coward 80070202


AOC, welcome to GLP!
 Quoting: Prayandprepare000


Please excuse me while i go take my acting lessons and "tend bar". I need to take my butt plug out and do some throat exercises too. Hard work. No pun intended
Anonymous Coward
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09/17/2021 04:27 PM
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Re: White House threatens economic catastrophe without action on debt limit
Why not just go to 138 trillion....
Anonymous Coward
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09/17/2021 04:38 PM
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Re: White House threatens economic catastrophe without action on debt limit
Brace for impact
Novanative38

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09/17/2021 04:42 PM
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Re: White House threatens economic catastrophe without action on debt limit
Not that I trust or even like Mitch but he was on record saying they will all vote it down and default.
Novanative38-Southern by the grace of God.
Anonymous Coward
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09/17/2021 04:51 PM
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Re: White House threatens economic catastrophe without action on debt limit
bring on the economic catastrophe joe.
mji71

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09/17/2021 05:00 PM

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Re: White House threatens economic catastrophe without action on debt limit
This is literally like maxing out your credit cards and being able to raise your debt limit indefinitely. Stop kicking the can. The system is broke. We are bankrupt morally and financially. Our money is no longer worth the paper it is not printed on. Let the entire system crash and burn...it's time...let's get this over with already.
 Quoting: VinoSom


putin-thiss





GLP