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Is the City of London Out To Bankrupt the United States Government?

Is the City of London Out To Bankrupt the United States Government?
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5/25/23 National Security and Korean News and Commentary

5/25/23 National Security and Korean News and Commentary
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CNN Inside Politics With John King June 4, 2024 16:37:00

that, i m paraphrasing, it s not theened of the world if america defaults on its debt. i don t think it s the end of the world. i don t know what a default looks like. is it something that happened slowly over time and within day two or three america we pass a debt ceiling. i don t think it is the end of the world to default. that doesn t mean i m encouraging a default. you don t think it s a threat to the economy? even now there s some jitters even before we get to the actual date. just today some ceos say devastating scenario, jobs lost, failt and credit around the world, devastated. so what does that look like? does that look like the stock market drops a thousand points, probably. is it something other countries take seriously and america isn t going to support its debt or honor its obligations, i don t think anybody takes that seriously. right now there s a political fight going on.

CNN CNN News Central June 4, 2024 17:18:00

go great. all you really had was both sides reiterating their talking points that we ve heard in public so many times. the president over the weekend said that he s an optimist as relates to the talks. you heard the house speaker kevin mccarthy downplaying the notion that there s been progress so we ll see where they emerge after this meeting. but certainly in terms of the public pressure, the white house is trying to continue to build that up. we saw a memo from the office of management and budget, the director talking about the fact that these cuts that republicans are calling for if they exclude veterans affairs, defense, homeland security, that would amount to 30% cuts on every other area of the federal budget. the president himself is now also taking to twitter saying if america defaults on its debt, our economy would fall into a recession and our nation s global reputation would be damaged. he also warns once again that this is a manufactured crisis and he urges house republicans

CNN Inside Politics With John King June 4, 2024 16:01:00

efforts to overturn the election. he said it s okay by him if america defaults on its debt. he called the capital police officer a thug and said he meant it when he said if you re rich and famous, you can grab women wherever you want. the new test begins. right now, there s a massive number of migrants waiting on the southern border as time runs out tonight on title 42 policy that made it easier to turn them away. and today ukraine gets a big delivery. cruise missiles from the uk. president zelenskyy says he will win the war before the next u.s. election. trump s town hall comments underscore the urgency there. trump refusing to say who should win or if vladimir putin is a war criminal. up first for us, we start there with donald trump, his unending lying and the audience laughter and cheers that speak volumes about his grip on today s republican party. his first answer at last night s cnn town hall was illuminating, a lie, and a lie that proves he cannot or will not quit his 2020 el

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