U.S. Could Default on Debt as Early as Summer, New Estimate Says

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4. There's the rub: Repugs are utterly convinced that Biden will be blamed

The idea, is to cause a severe recession just in time for the '24 campaign.

Possible runs on banks and grocery stores and all, if they get their way.

They think that this would not only defeat Biden - but give them a lock on the White House, Congress, and most state races for decades to come.

(which, of course, they'd use to impose a one-party state once and for all)

The consequences to the U.S. itself (never mind the world)?

Meh. You make an omelet, you break a few eggs.