The Debt Ceiling Debate: Why Warren Buffett Says It's Idiotic and Would Cripple the World Economy
The debt ceiling is an exercise in idiocy and always has been
The United States is facing yet another debate surrounding the debt ceiling. This arbitrary limit on the amount of debt that the United States can take on has been a source of controversy for decades, with both sides of the political aisle arguing for their preferred approach. However, as an investor and citizen of the United States, I think the d…
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