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Now let’s look at the two most important facts about the debt ceiling, and why it could potentially trigger a December 2018 style market crash, and how you can not only avoid losing money but possibly make a fortune from a short-term market freakout.
Fact 3: Why This Could Trigger Another Great Recession
The US government has never defaulted on its debt and that’s why US treasuries are the most popular “risk-free” asset on earth. Since the late 1940s, much of the global economy has been built around the risk-free nature of US bonds, and now we have $80 billion in liabilities coming due in the second half of October alone.
