The Debt Ceiling Game of Chicken

The debt ceiling game of chicken could be from a 50s movie, but history's real lesson on this one was taught in 2011. We're currently on almost the exact same path we walked down during the disastrous 2011 debt ceiling fight. The ratings agency will consider downgrading our government debt precisely because of what now looks like systemic political dysfunction.

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app