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1:49
YouTube
BBC News
The US debt ceiling crisis, explained – BBC News
The US government could start to run out of money within weeks unless it allows itself to borrow more. And, if US congress fails to agree on a deal, the US could default on its debt, potentially causing global financial chaos. Domestically, the government would no longer be able to pay its employees, and national parks and other agencies would ...
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May 10, 2023
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2.6K views · 60 reactions | Mark Zandi, chief economist at Moody’s Analytics, joins Washington Post Live to discuss the ongoing standoff in Washington over the debt ceiling and the consequences for the global economy if America defaults. | Washington Post | Facebook
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