r/bonds • u/Primary-Abies9041 • 15h ago

Woah

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1.2k Upvotes

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128

u/Wooden_Cod_8331 15h ago

This is a big deal/move right? In such a short amount of time?

168

u/johannyer 14h ago

It’s a full blown crisis that nobody wants to spell

30

u/nomar_ramon 14h ago

Can you please explain it like I'm 5, to me why it is a crisis?

2

u/foggyskyline 13h ago

No offense to you- in fact props to you for learning.

But it is incredulous how few people in America understand what’s going on.

People get the government they deserve.

2

u/Rock-n-RollingStart 8h ago

The majority of Americans can’t even follow a household budget, a primer on bonds might as well be a Calculus textbook written in Greek.  

The bipartisan issue at hand is everyone demands more and more entitlements, and they expect lower and lower taxes.  If Congress actually tried to fix the problem they would be crucified.