Thanks, Tim. Thanks, Pete.
Last month, I had a Nostradamus-like vision of pending economic collapse and moved my 401(k) funds to my IRA account.
You see, the same group of people who, ten years ago, cheered when their Vice-Deity Chaney said, "Deficits don't matter" are now cheering when Tea-Party Tim now says, "Defaults don't matter!"
So what happens when the remaining global superpower announces to the world that they will consider NOT paying their debts so that Tea Party Tim can defund programs he personally doesn't like?
As they would say on Jeopardy, "What is world-wide economic collapse, Alex?"