Amna Nawaz
@PBSNewsHour·5.3M subscribers·62.2K videos
Economist Mark Zandi on the potential impacts of the U.S. defaulting on its debt
Posted
May 23, 2023
Views
31,165
Likes
334
Engagement
1.07%
May 23, 2023
31,165
334
1.07%
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6:09Now PlayingThe impact of the U.S. defaulting on its debt would be felt by many Americans. It could include suspension of Social Security checks or a loss of food stamp benefits, to name just a few. Many economists argue it would be devastating to financial markets, tipping the country into a recession and creating global turmoil. William Brangham discussed that with Mark Zandi of Moody's Analytics.
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