Centered From Reality

The Debt Ceiling: A Dangerous Game of 4D Chicken, the 14th Amendment & Is McCarthy Cynical Enough to Crash the Economy?


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In this episode, Alex discusses the current debt ceiling crisis from multiple different angles. First, he worries that Joe Biden is engaged in a dangerous game of 4D chicken with Kevin McCarthy. It seems like McCarthy is willing to crash the economy because he knows that if he works with Biden, the crazies in his party will use a no-confidence vote to get rid of him. Game theory can be dangerous if one party has nothing to lose. Next, Alex looks at how some Democrats are looking at a clause in the 14th Amendment that could argue that this debt ceiling fight is unconstitutional. Finally, Alex analyzes Donald Trump’s comments about the debt ceiling.
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Centered From RealityBy centeredfromreality

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