Ali, let’s start with u, the downgrade would be kinda like seeing ur personal credit score just take a huge hit, right?

 

Right, we already have a debt problem. We already pay too much interest on too much debt. Downgrade would mean the cost of borrowing which the US has to do very regularly to increase borrowing would cost us more. So it would actually set us back. So most thinking  people think we need to avoid this debt not to be increased. Here are 3 consequences. First of all, if the debt limit is not increased. The debt costs go up. No2 it could freeze international borrowing and lending coz US is the safest bet in the world to lend money to. If the safest bet ,all of sudden becomes less safe, it turns the whole system upside down. No.3 it just crated lack of uncertainty and here in the stock market so a lot of people have investment in borrowing and ? started to suffer and there becomes the lack of quality, u heard them said before. People take their money out of market causing markets drop. They put their money in their cash or gold. You are seeing gold increase more records being set over the last few days. So at the moment, I will tell you, stocks are set to open higher this morning. That’s because the smart money is what they are working out but 20 days away. Here that’s dog years u know. Once we get close , stuff keeps happening. U will start to see markets dropping, dollar dropping, u will start to see a lot of fear

 

Checking the story across the country in California, the feds deal a critical blow to the Mexican in orange country. 99 alleged members rounded and charged crime including murder extortion and drug trafficking. Operation black fire also cease weapons everything from handguns to assault rifles. 

 

Take a look this group of pioneering Afghan women. They are in San Antonio Texas and they are training to become some of the first female pilots in the Afghan air-force. They will spent six months studying English before they learn how to fly helicopters.