How Bad Are Things Under Biden? US Credit Default Swaps At 162 While Peru And Mexico Are At Under 30 (US Worse Than Third World Nations)

27 April 2023

US House Speaker passed on a budget to the US Senate to avoid a US debt default. Senate Majority Leader Chuck Schuner said “DOA” and Biden refuses to negotiate with McCarthy. Hence, the US Credit Default Swap 1Y rose to 162 today.

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