Defaulty Towers: How dangerous is the US Debt Ceiling?
Many Happy Returns · PensionCraft
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Show Notes
The United States is again toying with defaulting on its national debt.
If the $31 trillion debt ceiling were breached without the limit being raised, it’s fair to say all hell would break loose.
But how likely is a default? And what would happen to markets if the US really jumped off the cliff?
And in today’s Dumb Question of the Week: Who is the national debt owed to anyway?
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