Reddit explains the US "debt ceiling" to you like you're five

[Darren Dirt]

http://boingboing.net/2011/07/29/reddit-explains-the-debt-ceiling-to-you-like-youre-five.html?dlvrit=36761

via the most informed and prolific celeb tweeter, http://twitter.com/Alyssa_Milano (not joking, omg she has her fingers in a LOT of topical pots)

[Lazybones]

No sure how many 5 year olds have a credit card. Also I didn't really think the debt ceiling was that hard to understand, unlike the sub-prime mortgage mess and the trading of debt.

[Darren Dirt]

Well, I find this hard to understand...
http://slatest.slate.com/posts/2011/07/24/congress_scrambles_for_debt_plan_ahead_of_opening_markets.html

so is it passed or not?

Then again, I only skim-read crap like this.

[Darren Dirt]

so is it passed or not?

sorta.

http://www.thestar.com/news/world/article/1032816--u-s-debt-deal-still-needs-approval