The 14th Amendment and Biden

Biden could say the 14th amendment Gives me the right. to pass a budget via executive order From a game theory perspective what that does is it forces republicans to sue Biden Take him to the supreme court and say this is unconstitutional The problem with that is that that probably really does tank the economy. It creates enough uncertainty where capital markets frees up and liquidity just absolutely goes away And again liquidity has been shrinking for the last 18 months anyways, so it get even worse So I think the brinksmanship right now between McCarthy and Biden is basically that veiled threat If Biden effectively isn't going to get something done I think he's going to test the 14th Amendment now.