The Fed Debt Ceiling Is Coming to a Theater Near You

Once we get by the Fed it really is all about this debt ceiling. There's a handful of people in his own party who are going to try to extract amazing concessions right at a time where they know that like this has to get done. You can't backstop every bank in America the tunes of trillions and trillions and trillions of dollars of deposits if there's a worry that the government is going to default on their debt it's coming to a theater near you.

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