losing the trust again? wall street is apparently telling us that they think failure is not an option. i think that wall street is really signaling that we see it play out a little bit more in the debt markets except for some of the very shortest term treasuries. but you know, i think that one potential area where it plays out is even if there is a very, very short term default, it really incentivizes others to look for alternatives in the future. all right. maximilian, thank you so much. i enjoyed that. look forward to reading your book. and quick hits across america now. a 23-year-old man in florida lost his arm due to an alligator bite. it happened outside a bar. the man was airlifted to a hospital and the alligator was humanely killed. three southwest states have struck a deal to cut billions of gallons of colorado water usage. california, nevada and arizona agreed to cut about 10% of the
default on its debt. economists and business owns around the globe growing more concerned. why in the world would the u.s. undermine its financial exceptionalism? a political consultant says that the u.s. treasury market is washington s golden goose and the market shows that the golden eggs it lays are still very much in demand. and yet the u.s. has a rule in the debt ceiling that says that the golden goose should be taken out back and shot unless it agrees to lay fewer eggs for a while. maximilian is joining me now. he is an author of the book economic war and ukraine and global conflict between russia and the west. and u.s. government bonds are the cornerstone of the global financial system. i loved your golden fwen goose metaphor. it seems some in quwashington h