The approaching 3/14 deadline to raise the debt ceiling is right around the corner. Given the current situation in the US government, a government shutdown seems inevitable. I'm concerned about the possibility of a default, like some type of "soft default" scenario. Before you start mocking me and telling me to buy canned food and guns, please consider educating someone more ignorant than you.
What would have to happen on and around 3/14 to lead to a debt default?
I have some money in SPAXX at the moment. Depending on what happens, I believe this money could lose it's value? What would have to happen for SPAXX to lose value?
Can you recommend any investments that would better weather the worse and worst case scenarios after 3/14?