Bank of America CEO Brian Moynihan on Monday said the firm is preparing for the U.S. to default on its debt after surpassing its borrowing limit last month.
Lawmakers are locked in talks about whether to lift the debt ceiling, with Republicans insisting on spending cuts before a deal to raise the limit is struck, and economists are warning of financial crisis if a default does occur.
https://thehill.com/policy/finance/3845901-bank-of-america-ceo-preparing-for-us-debt-default/amp/
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Will it effect the EU and Turkey?
The crash will be worldwide. They are saying this is bigger than the Great Depression.
Old system of control is collapsing. This is the way for a new beginning of Golden age of humanity.
The New World Order is on its last legs. What is being ushered in is the FAIR World Order. Countries are sick and tired of being dictated too. They want their sovereignty back and want to trade with whom they want - not be dictated to by the EU or the US (petrodollar).
Im ready for it. I'm selling black herbal infused coffee without a license, using a little cart. No cream or sugar. Getting $5 for 16oz cup. Getting a lot of regulars.
We’ll need to be able to take up a cottage industry and trade skills will be sort after greatly. As a prepper a hint. Coffee will be in much demand, so put some aside, make sure you use an open market to sell - not at your home. There is a great book about someone who survived the collapse of Venezuela? if I can remember, been awhile, and alcohol, cigarettes, coffee and tea as well as meds, were highly sort after. But you need to be careful.
Better have a backup plan. In a real financial crisis, the number of idiots you can regularly fleece for $5 for a cup of black java will plunge sharply.
Did you miss the herb infused part?