Forgive me if I’m woefully misunderstanding how this all works.
If the government is shut down, and they can’t reach an agreement to open it back up, what happens?
Short term? What does it look like in the coming weeks to months if no agreement is reached?
Mid-Term? Within the next year, if things are still all shut down, what happens to things like trade, tax payments, public services?
Long-term? If, worst case scenario, the divisions between the parties with power have grown so though they can’t ever reach an agreement: what happens then? Is it an anarchist state? Do we have new coup attempts to take power? Does the US balkanize?
I’m not meaning to inject any sort of bias in my line of questions, I hope I haven’t led anyone to any specific conclusions.
It is mostly just political nonsense. When external creditors start dropping the country’s credit rating, it will bring up interest rate and massively reduce the county’s ability to function overall. Like debt at this level does not really exist per say. It is using planned inflation long term by betting on overall growth. The interest rate stability against that debt is very important.