[Phlarp]

One empire can crumble into nothing without another empire immediately taking it's place. Previously the rest of the world tripped over one another to put all their eggs into our basket. Now we are getting sideways looks with a mixture of "You doing OK America?" and quietly diversifying their portfolios.

[throwaway6734]

>Now we are getting sideways looks with a mixture of "You doing OK America?" and quietly diversifying their portfolios.

From who exactly? Most of developed and developing world is facing demographic collapse over the next 50 years.

The US is the largest energy producer, one of the largest food producers, the most dominant military, has relatively stable demographics and has no trouble assimilating immigrants, etc.

[WeylandYutani]

Apparently nobody in the US seems to understand that debt ceiling shenanigans and government shutdowns makes them look like Argentina.

[chii]

The exact same sentiment was had last time. The consequences from these shenanigans last time had very little real impact - a _very_ slight increase in interest rate on treasuries.

And i predict that this time, at the last minute, the bill will pass again, like every other time. Unless the republicans truly believe that it's worth going down with the ship for.

[ethbr0]

The US Republican party, as with all parties even in America, has a continuum of members.

Some would be fine letting the US default if their demands aren't met (e.g. Tea Party types).

Others not so much.

One difference this time is the amount of trouble the House Speaker had getting elected by his own party, and any closed door concessions related to that were very likely promises around budget and the debt ceiling.

[ikiris]

You're literally looking at the graph of the impact here.

[sdwr]

https://www.youtube.com/watch?v=DKWKRMxXB0M