Happy memorial day! In this episode we explore the tentative arrangement between President Joe Biden and Speaker of the house Kevin McCarthy. Overall the debt ceiling deal is not good for the American people or the world as a whole. The free market is predicting that this arrangement will likely not pass congress through the price of US debt default swaps.

You can checkout the price of US debt default swaps at the following links: http://www.worldgovernmentbonds.com/cds-historical-data/united-states/5-years/