The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, raising pressure on Congress for action.

The prominent think tank forecast Monday that the so-called “X-Date” would likely arrive between mid-July and early October.

  • 50MYT@lemmy.world
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    7 days ago

    Positioning to take the smallest impact.

    Gold, Bitcoin will be ok, but still traded to the US dollar.

    EU stocks, but they will take a hit too, but might not be as bad.

    Market short positions, but the sell on this is still us dollars.