A Double Political Disaster

October 02, 2023

by James Rickards Daily Reckoning

A last-minute deal has averted a government “shutdown,” which would have taken place on Sept. 30.

But all it does is kick the proverbial can down the road. We’ll be back right where we started 45 days from now when this agreement expires, just before the holiday season. Then the same theatrics will begin again.

But for now, a shutdown has been averted.

Regardless, we could be looking at two catastrophes that strike at the same time going forward. And it could have serious implications for your financial portfolio.What kind of catastrophes? Let me explain…