Five in Ten 9/30/21: The Day the Treasury Runs Out of Cash

3 years ago
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It might be less than three weeks away if Congress doesn’t raise the debt ceiling. Democrats and Republicans are playing a game of chicken over massive spending bills that threaten to drive the country even deeper into debt with no plan to begin paying it off.

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5) China’s Evergrande missing another bond payment while power rationing continues; 4) Personnel shortages affecting retail, health care, and law enforcement; 3) Showdown in Congress over debt limit; 2) Sex abuse lawsuits against Boy Scouts threaten churches; 1) Danish artist literally took the money from a gallery and ran.

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