Wanna bet against me?

[luzribeiro.livejournal.com]

What are the odds that the Democrats and Republicans will turn out so insanely crazy as to plunge the world into another financial chaos*, this time generated in the US Congress rather than Wall Street? Wanna bet against me? There is just a day and a few hours remaining after all, and I'm betting on a "sudden" change of mind and a "glorious" compromise and - oh, surprise! - a deal being reached.

Wanna play?

* why I'm saying this. Not to sound overly sensationalist and apocalyptic, nah. But most analyses indicate that a US default would trigger a domino effect which would ultimately bring a crisis on the markets that would make the 2008/2010 crisis look like a minor kindergarten squabble, which is making some people quite nervous around the world. Just when you thought the US is no more able to send further ripples across the global lake...

(This post may need some update later. Tomorrow maybe. I have no intention to watch the grass grow on CSPAN).

[edit] So here's the update. Surprise-surprise! (Not!) Obama caved in and got the deal the GOP offered. Wow, I'm so shocked! Aren't you? ;)

Comments

[malakh-abaddon.livejournal.com]

They will work it out. No one politician, no matter how stupid or crazy will want the blame for this "fubar" moment. They know that if we should default, and the economy tanks, the American people will hold everyone responsible, and that will cost them their jobs. To bad when they get tossed out of DC they won't have to get a real job.

[a-new-machine.livejournal.com]

They know that if we should default, and the economy tanks, the American people will hold everyone responsible

You have a lot more faith in the judgment of the American people than I do. Obama gets the blame for breaking campaign promises that he was blocked on, like closing Gitmo when Congress has barred him from spending dime one to do so. People like single targets.

[malakh-abaddon.livejournal.com]

I have faith that we, the American people, are not so completely brain dead, that we will learn. It might take a while, but more of us will be able to see the truth about who is doing what, and hold those responsible accountable.