Friday, July 17, 2015

November 15, 2015 is the estimated X Date

The US has bumped up against its debt ceiling of $18.15 trillion dollars and it is playing games to keep from going over.  But by the X date, it will no longer to able to do that and it will have to default if the ceiling is not raised by the date.

The current estimate for the X date is "the months of November and December".  So I am arbitrarily picking November 15 as the X date, to be revised as the time gets closer.

No comments:

Post a Comment