Stock market if debt ceiling not raised

Stock market if debt ceiling not raised

Posted: Sergon On: 18.07.2017

By Brian Devine October 21, It also makes for great leverage.

stock market if debt ceiling not raised

This routine — governing by crisis and holding our economy hostage — is exactly what America needs less of. All of this would lead to a stock-market downturn, plunging consumer spending, skyrocketing interest rates, etc.

Debt Ceiling: Definition, Why It's Raised, Past Crises

I told you it was bad…. Even the threat of default is consequential. Because the consequences are so devastating, it is unlikely that a significant coalition of lawmakers would be willing to force a default.

So nothing is easy. This year could be especially messy due to poor timing.

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But at this juncture, the U. By working with both parties to make this a bipartisan goal, our aim is to get America back on the right fiscal track.

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U.S. Debt Ceiling Crisis

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Debt Ceiling Fiasco Here Again! Stock Market Near ALL TIME HIGHS!

Terrible, horrible, no good, very bad things. I told you it was bad… Even the threat of default is consequential. This whole thing seems like a mess, is there any plan for a long term solution? And you can help us fight for it.

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stock market if debt ceiling not raised
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