Backboards: 
Posts: 153
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

"I think there’s a higher chance of a mistake here because of the politics of the situation.”

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.


Responses:
Post a message   top
Replies are disabled on threads older than 7 days.