This guy!
Work’s been hammering me, sorry on the lack of posting, but I’ll be in the nation’s swampy heart of darkness for a conference at the end of next week. The cheery folks at ZeroHedge have fixated on July 22 as being THE DATE when FedGov starts failing to be able to roll over existing bond debt without a debt-ceiling increase. Not sure why; I’d thought it was a bit later. [EDIT: ah, that’s what I get for being buried in work and not reading the papers — the July 22 date’s not ZH’s fixation, it’s the White House’s.] Still, might be an interesting Friday, no? I’ll bring my trusty Mo-Gem, since I can’t lawfully bring a firearm with me. I’m not thinking there’ll be riots, except among the chattering classes, so I’ll probably be just fine.
Note the handy what-gets-paid-and-what-doesn’t scenarios in this presentation. Fun stuff.