re: #206 windsagio

I think they expect to lose, and can make a show of having made a stand against debt.

It’s a very dangerous game. Even the intimation that the US Government would seriously consider creating a potential default scenario could have a seriously, negative impact. Again, I don’t think that we are in danger of defaulting on any outstanding debt if the ceiling is not raised; but the ability of the government to mit domestic mandates will be harmed.