U.S. Government Shutdown:
Good Idea Or Recipe For Chaos?
Mish Shedlock* thinks a U.S. government shutdown will force cuts to government spending, says it is a fantastic idea .. Azizonomics thinks otherwise - thinks although a shutdown will not likely cause higher inflation or higher interest rates, a longer-term shutdown "would probably end in civil unrest & market turmoil" .. concludes the standoff will likely end in a deal permitting a debt ceiling increase - "how much carnage will occur before then remains to be seen."
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