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Defaulty Towers: How dangerous is the US Debt Ceiling?
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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Disclaimer
This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice.
Copyright 2023 Many Happy Returns
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By PensionCraft
4.9
2929 ratings
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?
---
Get in touch
🎧 many-happy-returns.captivate.fm
---
Join PensionCraft
🌐 Become a member at pensioncraft.com
▶️ Subscribe on YouTube
---
Disclaimer
This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice.
Copyright 2023 Many Happy Returns
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