16 October 2013

STI and US Markets Rise

Seems like investors here and the US are not very affected by the debt ceiling issue, me too, I have confidence that the Democrats and Republicans can come to an agreement, just like what Warren Buffet said, "We will go right up to the point of extreme idiocy, but we won't cross it", he predicted a last minute deal that will solve the debt ceiling crisis. I just find the whole thing too dramatic, they are like arguing over something that needs to be done no matter what, why not just do the necessary and negotiate later? If the Republicans have problem with Obamacare, attack it bit by bit instead of putting their economy at risk, and Democrats should be nicer to them, I know standing firm is good, but not in the face of a potential recession.

I think the shutdown is more of a problem now, federal workers don't get paid, their families suffer un-necessarily, even affecting US war veterans, these are people who have put their lives on the line for their country, how can America let them down?

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