In any strategic battle, it's critically important to understand what an opponent's goal is. Because, unless, and until, you understand what your enemy's trying to accomplish, you can't properly defend yourself, and worse...you can't figure out how to win. And that may be precisely why Republicans are having such a hard time in reaching an agreement on the debt limit.
Because it may be that the Republicans are focusing themselves solely on seeking a middle-ground in negotiations with the president, wherein each side may not get exactly what it wants but both can live with the solution. However, the debt ceiling itself may not be the president's only goal.
For example, it's taken a while for the markets to react to the fact that negotiations keep breaking down. To now, they've taken all that in stride simply because some sort of problems are expected along the way. But since in the end, they expect a satisfactory solution, business goes on as usual.
However, in this case rational conclusions aren't being reached. And each time a "deal" gets close, the president changes the rules. And that's why it occurred to me that these "negotiations" likely aren't negotiations at all but simply a front. Because, the closer we get to the deadline of August 2nd without a solution, whether that date is valid or not, the more likely it becomes that the nation will default on its debt.
And if a default occurs, the stock markets will likely take a huge negative hit, the nation's credit rating will downgrade and the economy will strangle considerably more. All of those occurrences will further weaken the nation, financially harm the "rich" and bring the "haves" considerably closer to the have not's.
So, this all may simply be a presidential ploy to further socialize the country and satisfy his hard-core base who want to see the nation's economy totally destroyed. However, the plot may go even go deeper than that because, when countless American assets devalue even further, some oil rich pal of the president in Brazil may be able to buy lot's of them up on the cheap which is probably why Soros bought the last election in the first place.
That's it for today folks.
Adios
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