Just sharing this. I was struggling with Trump's position on not wanting a debt ceiling passed. Had all negative thoughts. Is he planning to spend to the moon?
Then someone pointed out to me that every time Congress votes to raise the debt ceiling we get billions and billions of pork added to the bills.
Maybe I am just slow, and everyone else had this figured already.
I think maybe he intends to go on a spending spree before he defaults against the Federal Reserve banks.
I don't know what that would do to the economy, but I sure hope he knows what he is doing.
gme
short sellers (hedge funds)
prime brokers (failed margin calls)
clearinghouses (dtcc)
retail brokers (not your name, not your shares)
fed (final boss, money printer goes brrrrrrr)
just my speculation