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CNN's DOOM Debt Limit Fearmongering: Global Economic Collapse!
NewsBusters ^ | Mark Finkelstein

Posted on 09/29/2021 12:33:23 PM PDT by governsleastgovernsbest

We're all gonna die—and it's all the Republicans' fault! With some slight exaggeration, that was CNN's message this morning regarding Republican reluctance to raise the debt limit.

Mugging a petrified look [see screencap] New Day co-host John Berman opened the show by predicting nothing short of "the potential collapse of the U.S. economy," because "Republicans have voted against paying U.S. debts."

Moments later, Berman fearmongered: "The week from hell could turn into the economic calamity from hell if the U.S. defaults on its debts, which Republicans, for now, have voted to let happen."

CNN economics commentator Alexis Glick took the fearmongering a gigantic step further, warning not just of "catastrophic consequences" for the U.S., but for the entire "global economy."

Get the rest of the story and view the video here.

(Excerpt) Read more at newsbusters.org ...


TOPICS:
KEYWORDS: alexisglick; cnn; cynthialummis; debt; debtlimit; deficit; inflation; irs; janetyellen; johnberman; mediawingofthednc; partisanmediashill; partisanmediashills; republicans; wyoming
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1 posted on 09/29/2021 12:33:23 PM PDT by governsleastgovernsbest
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To: governsleastgovernsbest

Good. Collapse the planet. We aren’t willing to fix the problems with our politicians, so take it out of their hands.


2 posted on 09/29/2021 12:34:50 PM PDT by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021)
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To: governsleastgovernsbest

Isn’t it funny how the Dems all of a sudden worry about the economy.....

IF they miss a SINGLE opportunity to spend YOUR and YOUR children’s money!!!!


3 posted on 09/29/2021 12:34:54 PM PDT by GraceG ("If I post an AWESOME MEME, STEAL IT! JUST RE-POST IT IN TWO PLACES PLEASE")
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To: miss marmelstein; patro; abb; SE Mom; HarleyLady27; connyankee; Behind Liberal Lines; KC_Lion; ...

We’re all gonna die—and it’s all the Republicans’ fault!

CNN fearmongers on debt limit.

Ping to Liberal Media Criticism list.


4 posted on 09/29/2021 12:34:56 PM PDT by governsleastgovernsbest (Please ping or FReepmail me to be added to the Liberal Media Criticism ping list.)
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To: governsleastgovernsbest

Shutdown the government for 18 months like they did to us!! No back pay either——like they did to us.

We could shrink our government by 90% and it would still be too big.


5 posted on 09/29/2021 12:37:13 PM PDT by mikelets456
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To: governsleastgovernsbest
could turn into the economic calamity from hell if the U.S. defaults on its debts

I'm ready.

Are you?

6 posted on 09/29/2021 12:38:01 PM PDT by Jim Noble (The nation cannot be saved until the GOP is destroyed)
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To: governsleastgovernsbest

“You’re not letting us steal your money, shame on you!”

And we should say no!


7 posted on 09/29/2021 12:40:30 PM PDT by roadcat
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To: CatOwner

I hope it crashes with a vengeance.

There won’t be any hope to clean it up before 2024 and by then there will probably be another world war anyway.


8 posted on 09/29/2021 12:41:00 PM PDT by Roman_War_Criminal (Jesus + Something = Nothing ; Jesus + Nothing = Everything )
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To: CatOwner

Interesting side note, When the dems fight raising the debt ceiling it is the Republicans wo get blamed for any shutdowns, but when the Republicans fight raising the debt ceiling, it is the Republicans fault for any shutdowns.

How does that work?


9 posted on 09/29/2021 12:41:20 PM PDT by DaiHuy (May God save the country, for it is evident the people will not! Millard Fillmore)
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To: governsleastgovernsbest

It’s not the US that is in trouble, it is China. The only Americans affected are those in bed with China. So now comes the double question:

Will the US bail out Americans who are losing their shirts to China because of their greed and bad judgment; and how strong will the lobbying be to BAIL OUT CHINA ITSELF, “to prevent global economic collapse!”


10 posted on 09/29/2021 12:41:42 PM PDT by yefragetuwrabrumuy (Jen Psaki - The Ginger Goebbels)
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To: governsleastgovernsbest

If there’s a Global Economic Collapse, it’s because it’s part of the plan. The Great Reset, New World Order, whatever name you want to call it. Global communism under a world government.


11 posted on 09/29/2021 12:42:26 PM PDT by Pollard (Some people like to argue just to argue.)
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To: governsleastgovernsbest

Just stamp out a trillion dollar coin. Hell, as long as you are at it, stamp out 30 and pay off the national debt.


12 posted on 09/29/2021 12:44:38 PM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up....)
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To: governsleastgovernsbest

Maybe the illegals will go home if we don’t feed and house them.


13 posted on 09/29/2021 12:48:03 PM PDT by dljordan (Slouching towards Woketopia)
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To: governsleastgovernsbest

“BUILD BACK DEBTOR”


14 posted on 09/29/2021 12:49:02 PM PDT by patriot torch
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To: governsleastgovernsbest

Shut er down!


15 posted on 09/29/2021 12:50:37 PM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: Pollard

If there’s a Global Economic Collapse, it’s because it’s part of the plan. The Great Reset, New World Order, whatever name you want to call it. Global communism under a world government.


I call it prophecy


16 posted on 09/29/2021 12:50:38 PM PDT by patriot torch
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John Berman opened the show by predicting nothing short of "the potential collapse of the U.S. economy," because "Republicans have voted against paying U.S. debts." ...CNN economics commentator Alexis Glick took the fearmongering a gigantic step further, warning not just of "catastrophic consequences" for the U.S., but for the entire "global economy."

17 posted on 09/29/2021 12:53:47 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: governsleastgovernsbest

The only question on the table is WHEN we will have an economic crisis. Now? One year? Five years? For sure it is coming and will be here in the very near term, At these artificially low interest rates, the interest payment alone on the national debt is $378B/yr. It is not sustainable. Soon, we will no longer be the world’s reserve currency (because of our government’s structural debt and spending issues) and interest rates will return to historic norms. The situation in Washington is hardly different from that of Greece.

No continuing resolution on spending. No to add on spending like the fake infrastructure bills that are 100% grift to community organizer groups. No to increasing the debt ceiling - ever. I have called and emailed Senators and Reps multiple times.


18 posted on 09/29/2021 12:55:36 PM PDT by rigelkentaurus
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To: governsleastgovernsbest

We can’t keep spending billions of dollars to keep everyone else’s Socialist/Marxist governments afloat.

We can’t afford our OWN Marxist/Socialist government...


19 posted on 09/29/2021 12:55:53 PM PDT by Dead Corpse (A Psalm in napalm...)
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To: governsleastgovernsbest

The options at hand appear to be:
1. Don’t raise the debt limit, and find out how much of the yearly “the world prosperity will end” is true and how much not (my bet is not, that would affect the faux-lords); or

2. Let them devalue the money you’ve earned more by creating more to spend on removing you from your job, your family, your children, your faith, and your life (order of attempted operations may vary, but they want all of those and have said so).


20 posted on 09/29/2021 12:56:42 PM PDT by No.6
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