The October crisis no one is paying attention to

[edhopper]

By early October the Congress will have to raise the debt ceiling for the US to pay the interest on it's bonds.
It appears that Ryan does not have the votes to do so.
Failure to do this will quickly cascade into a tumbling dollar and economic havoc.
There is no expectation of any leadership from Trump on this. He doesn't really grasp Economics and doesn't understand how these things work.
This would be as bad as 2008. And we don't have a functioning Government to deal with it.

[BigmanPigman]

1. The only thing the fake prez cares about as far as the economy goes is when

it effects him, his businesses and profit margin.

[CrispyQ]

2. Maybe when Wall St starts to feel it the GOP will do something?

[DK504]

3. Trump has no idea the ramifications

of the debt, trade deficits and budgets. He is clueless as he pushes his cut taxes for the 1%.

[Mme. Defarge]

4. Bannon must go,

and soon.

[smirkymonkey]

9. You got your wish!

[Mme. Defarge]

10. Can't hurt to ask.

[Johonny]

5. I read they might work with Dem votes to pass it

I think the fact not much in the way of a life line was thrown out by congress this week in the president's direction followed by his latest tweet storm against business leaders and senators isn't winning him friends he didn't have to begin with. It's going to be an interesting fall session of congress. They don't like him, hate many of his ideas, and have some important issues to work on.

[zipplewrath]

6. It's how they did it in the past

Dems overwhelmingly support raising the debt ceiling in lieu of defaulting. Even under Obama, the GOP got it raised using democratic votes.

[edhopper]

11. Only if they don't ask for consessions

by the Dems.
Straight up vote.
Any GOP agenda bullshit and they should sit it out.

[AlexSFCA]

7. trump would love it

it's the collapse of the economy that makes fascism and nazi movement much stronger.

[Boomerproud]

12. I agree he wouldn't care if the 99% keep getting hurt, but if it affects his crowd

he will start to get nervous.

[AlexSFCA]

13. whatever affects his crowd is aways obama fault

never his

[jalan48]

8. Looks like we will need to privatize most of our government to make it work.

[KWR65]

14. There are predictions of gloom and doom every time this happens

They will strike a deal and raise the debt ceiling.