Pathways

America’s debt ceiling and its market impact: Approaching the event horizon?

May 18, 2023 Season 3 Episode 7
Pathways
America’s debt ceiling and its market impact: Approaching the event horizon?
Show Notes

Daniel McCormack speaks with Macquarie Head of Economics, David Doyle, about the headlines on US debt ceiling negotiations, and potential implications for US government debt obligations. What are are the various possibilities for future default or "prioritization" of US debt payments? What does the US Constitution say about this uncharted territory?

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