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To: Myrddin

Holy Cow. That is not a position where she can work half fast. I hope you are in a position to make sure she can take it super easy away from work.


15 posted on 12/06/2022 9:22:44 AM PST by gloryblaze
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To: gloryblaze
I work for a defense contractor. It is equally likely that my paycheck would dry up if the US gov loses the ability to pay its bills. Loss of reserve currency status would eliminate the ability to "print money" immediately. It will get ugly quickly. The rate inversion gives a clue that the US treasury may be unable to "print money" by issuing debt fairly soon. The petro-dollar is falling apart as Russian and Saudi oil are being sold with other than USD the payment mechanism.

My household won't fall apart. Both of us could retire tomorrow. We're "whistling past the graveyard" at this point. Working as long as our employers are solvent. When it crashes, we have plan B ready.

16 posted on 12/06/2022 2:33:10 PM PST by Myrddin
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