The U.S. Downgrade Is Serious, But Not For The Reasons You Think
There are not enough economic reasons to believe that the U.S. chance of default has gone up in any significant way. The reasons are political.
Source: forbes.com
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Rhetoric Over US Debt Limit Boils Over As Republicans, Democrats Joust
Partisan sniping over raising U.S. borrowing authority ratcheted up on Friday when House of Representatives Speaker Kevin McCarthy accused President Joe Biden of ignoring the issue.
Source: ibtimes.com