tea bill

"Tea bill" is how the financial world will refer to U.S. federal government debt instruments after the Republican teapartiers manage to damage the full faith & credit of the United States via government shutdowns and partial defaults, thereby leading to a downgrade in our national creditworthiness.

The retirement funds of millions of Americans lost a fortune in market value this week. Among the hardest hit were those funds unfortunate enough to have invested too heavily in tea bills.

11👍 4👎