They really don’t know what they are doing

Wall Street doesn’t seem to think the U.S will default on it’s debts, and Right now assigns zero probability to it happening in models used for predicting financial outcomes. These are the same people that didn’t believe home prices decrease. In other words get ready for a really scary ride, Wall Street has no clue what can happen if the U.S defaults, and doesn’t seem to understand how crazy a lot of the tea baggers in congress really are.