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Defaulty Towers: How dangerous is the US Debt Ceiling?
Episode 5218th January 2023 • Many Happy Returns • PensionCraft
00:00:00 00:44:10

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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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