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Showing posts from May 10, 2023

On the edge of a cliff

I write this piece with a very heavy heart! Normally, when I write a piece like this, I do not indulge in sensationalism Or over-dramatic titles. Having said that, I feel it is necessary in this case in order to emphasize the seriousness of this situation! When I heard the Treasury say that we could default on our debt As early as the first of June, that sent a shiver down my spine! Frankly, that possibility should scare you too, regardless of your political affiliation or belief! Strangely, The politicians in Washington have thus far failed to appreciate the seriousness of the situation, and I don't understand why? It could be politics, it could be pride, or it could be a mixture of both, regardless of the reasons it's unacceptable! I accept that politicians were how different ideas about economic policy, which is well and good in a democracy. However, I cannot accept politicians playing Russian roulette with the country's economic future just for the sake of proving a pol...