WTF is the Debt Ceiling?!?

https://www.wsws.org/en/articles/2023/01/16/oamp-j16.html?pk_campaign=newsletter&pk_kwd=wsws

https://www.thenation.com/article/economy/debt-ceiling-congress/
https://www.youtube.com/watch?v=avdsPqQRI2Y
Blowing the lid off the Debt Ceiling, Davos and Biden
Once again, Michelle W. John K. and Steve G. discuss the debt ceiling narrative as it resurfaces for the nth time in the last 20 years. Listen to how this deflection and misinformation on how money and their government really works to further maintain the capital order. You too will soon have a deeper understanding that the debt ceiling is a made-up consensus that has no real purpose under a fiat money system decades later after the deterioration and dismantling of gold standard lunacy. MMT activists have chipped away at its effectiveness each time it is manifested on command by the neoliberal establishment.

Other topics discussed include Biden’s classified documents scandal and its impact on his potential 2024 run, as well as the World Economic Forum in Davos, and how mega corporations like Microsoft and Amazon laying off thousands of their workers. Be sure to check it out!

https://realprogressives.org/