Right now, in the midst of the political fight over raising the nation's debt ceiling, we are witnessing a true financial and political crisis unfold.
The fact that it's a crisis that was completely manufactured, utterly avoidable, and willingly enabled by all sides is immaterial. If it weren't so serious and potentially catastrophic to the economy and to the nation, this episode of political theater would be too fantastic to be believable. High stakes and high drama.
It is, however, quite ...