Debt Ceiling?  What Debt Ceiling?  That’s a unicorn in Congress’s garden! For all the talk about the United States approaching a catastrophic Debt Ceiling and subsequent unprecedented but exceptional default that would have unpredictable but probably dire impact on pretty much everybody, one thing you don’t hear much is that There is No Debt Ceiling. … Continue reading Denial in the Face of “Debt Default”: There is No “Debt Ceiling”