Treasury Secretly Weighs Options to Avert Default [???]

"As of now, I’m assuming that no default will occur, regardless of what Congress does or doesn’t do. The United States is a banana republic with nuclear weapons. Anything goes: 'The United States is formally in an ongoing limited state of emergency declared by several Presidents for several reasons.' A default would make the antics of 2008 look like a walk in the park, so if the machine was actually about to go off the rails, my guess is that there’s some clause or another in that morass of emergency declarations that would allow the regime to buy another few weeks or months—until the next crisis hits."