Big Existential Problems News Today

my buddy phil is here. good morning. >> good morning. thank you for letting me come back. i wasnt sure after yesterday. >> youre such a pleasure. you make these mornings great. did you get some sleep? >> i did. little bit. thanks for having me. we have a lot going on today. five things to know for this tuesday, may 9th, 2023. vladimir putin speaking from red square claiming the, quote, real war is being waged on russia during a scaled back victory day ceremony, the speech comes hours...

It could mean for the dollar as a reserve currency. there are big, big existential problems with playing with this debt ceiling fire. the stock market is telling you theyre going to fix it. >> i think to phils point about zen, its also because last time when we got even close, within, what, 72 hours of defaulting, we saw -- we lost our stellar aaa credit rating. >> stocks tanked. >> stocks tanked. it cost 1.3 trillion. >> yeah. it cost more to ensure that big pile of national debt because we got...