https://www.cnn.com/2023/04/16/busin...ult/index.html
"Christine Lagarde says she has ‘huge confidence’ that the US won’t default on its own debt."
....and who the hell are you? Lady, you can't look to the past to get insight on solutions on what to do for the current situation because this scenario is new: COVID, global supply shortage, war. The Feds are doing exactly this of using an outdated playbook for a scenario in which we've never been in before, and look how it's NOT working out.
"Economists predict banks are getting more cautious about lending money after the collapse of Silicon Valley Bank in March, escalating fears of a credit crisis."
Ummm....banks have been getting more cautious about lending money since the Feds starting raising rates starting over a year ago. It's called quantitative tightening and it's been happening WAY before the bank collapse.