Stock markets have up until now seemed less than bothered by the nation's debt-ceiling drama. But the so-called "repo market" on Wall Street shows that confidence is wavering.
At one time, Democrats and President Obama talked about ways to stimulate the creation of more jobs in the debt ceiling negotiations. Now the plans of both parties are all about cutting spending.
As the August 2nd default deadline approaches, people are buying up gold coins and locking in mortgage interest rates to prepare for a worst-case scenario.