Once the clock strikes midnight, there is a bad possibility that US may meet with economic chaos and cause a global disaster.
Thursday morning at 12:01a US will be left standing at the precipice because US House of Representatives has abandoned a vote that would have avoided default.
After midnight, there will be no more borrowed cash left to pay the nation’s bills.
The US Treasury warns that failure to raise the nation’s $16.7 trillion debt limit threatens a US credit default that may trigger a global economic crisis.
What is wrong with our political system and how have our Washington DC representatives allowed it to get to this?
If time runs out at midnight, there may never be an easy repair afterwards.