In response to
"Jamie Dimon & Co can tell Big Kev they're turning the money spigot off until a clean bill hits the floor for a vote -- (link)"
by
hollywood big shot
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"I think there’s a higher chance of a mistake here because of the politics of the situation.”
Posted by
Pippy Dippy (aka Epiphany)
May 10 '23, 12:01
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I'm thinking of all the stop/loss orders that are already in place - have been in place - that get triggered once the panic sets in. Then people start pulling out of already shaky banks. and like he pointed out - this is a run up to the debit limit not a default
It is a mess.
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Responses:
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