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CNN names the date of US economic disaster

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The US national debt has put the country at risk of national economic catastrophe.

Economists are trying to avoid a default, but the national debt has reached the ceiling, and certain forces in the United States itself do not yet allow raising the limit, as was usually done.

At the moment, the amount of debt has reached almost 29 trillion dollars.

Throughout the history of the land of unlimited opportunity, Congress has raised and sometimes suspended this criterion dozens of times.

Society has been talking about the alleged catastrophe for a long time, but the official statement was first made at the end of September from the head of the local Ministry of Finance.

The silence on the air was broken by CNN, which even named the date when the American economy would sink into the abyss of chaos.

According to the TV channel, the default in the United States is scheduled for October 19 of this year.

According to media reports, US government finances are still in some order only thanks to “emergency accounting maneuvers.”

And in simple words, it is due to the fact that the government still has somewhere to borrow money.

The best minds are working in search of a solution, who hope to once again receive a loan from the Federal Reserve System, which regulates the issuance of the national currency.

But analysts believe that the Fed will do this only on the security of federal bonds, the issue of which is authorized by the US Congress.

By the way, let us recall that another “economic” instrument of the United States is the chaos and poverty sowed throughout the world, which force other states to continue buying up the dollar.

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Vadim M
I'm Vadim, an author of articles about useful life hacks. I share smart tips with readers that help improve their daily lives.