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RE: Stock Market Euphoria May Be Short Lived, But Profits Are Coming Either Way! By Gregory Mannarino
Two big reasons
- A) the government simply won't put on the breaks on spending in any big way... the debt ceiling must then be raised.
- B) the economic system is designed to have ever increasing amounts of money and production... the currency issued has interests that must then be repaid with tax revenue from previous dollars... to do so... more money must be issued.... this forces also a debt ceiling raise.