Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Analysis: U.S. debt ceiling crisis would start quiet, go downhill fast

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Jason Lange
Reuters
October 15, 2013

If Washington doesn’t reach a deal soon to keep paying its bills, an economic crisis could start unfolding so quietly on Thursday it will give little hint of its potential to throw millions of Americans out of work.

Many people would not notice right away if the government hits a $16.7 trillion cap on its debt, which could come on Thursday.

Checks would likely go out on time that day for everyone from bondholders to workers who are owed unemployment benefits, according to analysts in government and the private sector.

“The 17th will come, the lights will still be on and everything will look normal for 99 percent of Americans,” said Steve Bell, a budget expert at the Bipartisan Policy Center in Washington.

Full article here

This article was posted: Tuesday, October 15, 2013 at 11:27 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
See the rest on the Alex Jones YouTube channel.

See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.