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真正的大杀器,年底debt ceiling
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真正的大杀器,年底debt ceiling# Stock
H*i
1
今年年底,presidential election 之后
debt ceiling 再次trigger.
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d*r
2
当然是各位继续表演
难道印美元的生意不要做了?
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H*i
3
just look at what happened last summer
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r*x
4
展开来说说。

【在 H********i 的大作中提到】
: 今年年底,presidential election 之后
: debt ceiling 再次trigger.

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a*t
5
那种Crisis短期不会出现了。参见“Budget Control Act of 2011”。新法律给予总统
提高借贷很多自由。
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H*i
6
give obama 3 chances to increase the debt ceiling.
he has used all 3 chances.
next time will have to go through congress again
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a*t
7
哪来的次数限制?

【在 H********i 的大作中提到】
: give obama 3 chances to increase the debt ceiling.
: he has used all 3 chances.
: next time will have to go through congress again

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H*i
8
1. The debt limit was increased by $400 billion immediately.
2. The President could request a further increase of $500 billion, which is
subject to a congressional motion of disapproval which the President may
veto, in which case a two-thirds majority in Congress would be needed to
override the veto.[3] This has been called the 'McConnell mechanism' after
the Senate Minority Leader Mitch McConnell, who first suggested it as part
of another scheme
3. The President could request a final increase of $1.2–1.5 trillion,
subject to the same disapproval procedure. The exact amount depends on the
amount of cuts in the "super committee" plan if it passes Congress, and
whether a Balanced budget amendment has been passed.
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l*g
9
Debt ceiling is the only thing can actually prevent debt from being
increased to infinity and beyond. Without it, there is nothing to stop debt
from collapsing economy. Either new currency or debt ceiling, one pick has
to be made sometime. QE is the way to infinity debt and eventually leads to
the point where choice has be made.
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a*t
10
2011年闹Debt Ceiling Crisis 之前是14.7T。加上0.4加上0.5加上1.5,就是17.1T。
能坚持一段时间呢。

is

【在 H********i 的大作中提到】
: 1. The debt limit was increased by $400 billion immediately.
: 2. The President could request a further increase of $500 billion, which is
: subject to a congressional motion of disapproval which the President may
: veto, in which case a two-thirds majority in Congress would be needed to
: override the veto.[3] This has been called the 'McConnell mechanism' after
: the Senate Minority Leader Mitch McConnell, who first suggested it as part
: of another scheme
: 3. The President could request a final increase of $1.2–1.5 trillion,
: subject to the same disapproval procedure. The exact amount depends on the
: amount of cuts in the "super committee" plan if it passes Congress, and

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H*i
11
obama did not apply 1.5T last time. He only apply enough so he can pass the
election.
the debt ceiling right now is $16.394 trillion, which will be trigger at the
end of this year.
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a*t
12
三个月净增长250B。如果按这个速度下去,到年底也触不到顶。
此外,净增长速度估计会放缓。
此外,Obama还可以申请提高。
如果触到了,会有一些政治上的热闹看。但是crisis基本不会出现。
我认为。

the
the

【在 H********i 的大作中提到】
: obama did not apply 1.5T last time. He only apply enough so he can pass the
: election.
: the debt ceiling right now is $16.394 trillion, which will be trigger at the
: end of this year.

avatar
H*i
13
Where did you get this? He already used his last chance.
next time have to go through congress again

【在 a********t 的大作中提到】
: 三个月净增长250B。如果按这个速度下去,到年底也触不到顶。
: 此外,净增长速度估计会放缓。
: 此外,Obama还可以申请提高。
: 如果触到了,会有一些政治上的热闹看。但是crisis基本不会出现。
: 我认为。
:
: the
: the

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a*t
14
http://www.treasurydirect.gov/govt/charts/charts_debt.htm
实际每一次申请提高都要经过Congress批准。Congress可以反对。总统可以反对反对。
Congress必须要2/3以上才可以反对总统的反对反对。所以总统有up to 17.1T的筹码可
以耍。

【在 H********i 的大作中提到】
: Where did you get this? He already used his last chance.
: next time have to go through congress again

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