Good morning Anh Tám,

mới đọc sớn sác tưởng là Bart trong the simpson

ggle là master of masters mà bị .  hmmmm, tt không tin là vậy.  chẳng qua là nó rút tiền trước rồi đổ tội cho ai, rồi ai làm gì được ai nào (xem lại vụ ông sam băng-chiên ).  Nay mai hệ thống nhà băng sẽ chuyển qua C*D*B*C, nếu dân mất tiền thì cứ đổ thừa cho ai là xong chiện .

hôm qua thấy vụ hạch hỏi chim ở ... đang nói nửa chừng tự nhiên cả chỗ tắt điện tối thui, rồi bên tổng hành dinh cua?c him cũng bị vậy .  Sowie ... technicall difficulties

hình như tt đăng this clip already .  it doesnt hurt to remind Cả Xóm, it just happened 3 weeks ago, then blame on ... gltch .hmmm. họ đang thử sức chịu đựng của bạn đó

Please watch and listen carefully .  Thank you

Anh Tám,

Hôm trước tt có đăng 1 thread về banking trong Xóm này, làm sao mình tìm lại đươc, tt muốn để ở đây cho các Anh Chị c`ng c'c bạn đọc lại .

chiện trong clip là bắt đầu 1 hình thức bank run tạm dịch sang tiếng Việt là chạy làng .

to prove the points of the anchors are talking in the above clip .  tt đăng cái này lên cho bạn đọc thêm, nếu là dân welfare free housing thì trời sập cũng không hề gì, chỉ thương cho những ai làm việc suốt đời ... rốt cuộc rồi cũng trắng tay .  Here it is https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/debt-limit

UK Steps Up Planning for Digital Pound Currency Backed by BOE

Currency wouldn’t be available until second half of decade

https://www.centralbanking.com/fintech/cbdc/7954421/boe-launches-design-phase-of-digital-pound-project

digital currency = c.d.b.c

Digital money chaos@Nigeria , happened 3 days ago .

Financial doomsday is coming

What Is the National Debt Limit?

The national debt limit is essentially a cap, decided by lawmakers, on how much debt the U.S. government can have. As of Thursday, we reached that limit, which sits at a whopping $31.4 trillion dollars.
...

"We're spending more money, over a trillion dollars this year, than we're taking in,"

To make up the deficit and pay off debts, the Treasury sells securities, like bonds. The bond buyer gives the Treasury cash to pay the deficit, and in exchange the Treasury eventually pays the buyer back that money plus interest.

The debt limit caps how much debt the Treasury can take on to pay back the deficit incurred in previous years. As of Thursday, the Treasury has taken on the maximum $31.4 trillion in debt currently allowed — meaning we've hit the debt limit.

The debt limit amount is decided by Congress.

What Happens When We Hit the Debt Limit?

Hitting the debt limit is like starting the final countdown clock for the government before the real disaster — a default — strikes. Now that the clock is ticking ...

Yellen says the money could run out by June 5

All of the $31.4 trillion included under the current debt limit is money the government has already spent on things like infrastructure, defense and so forth.

Once the debt limit is reached, the Treasury can't sell any more bonds and other securities to pay off the debt from previous deficits. Put simply: it can't get cash to pay off bills the government has already accumulated.

If the U.S. can't pay those bills, then it defaults on the national debt. This is where catastrophe strikes.


Why Is Defaulting Bad?

The Treasury would stop being able to pay out the federal money that goes to things like "Social Security and Medicare benefits, military salaries, interest on the national debt, tax refunds and other payments," according to a warning letter Yellen sent to Congress last week.


Why Have We Hit the Debt Limit Now?

https://www.nbcwashington.com/news/local/what-is-the-debt-limit-and-what-happens-if-the-us-defaults/3257735/#:~:text=Once%20the%20debt%20limit%20is,defaults%20on%20the%20national%20debt.
https://www.washingtonexaminer.com/policy/economy/bank-of-ameerica-prepares-for-default-debt-ceo