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Turkey’s Runoff Election, Debt Ceiling Dangers, Nigeria’s Tinubu Inaugurated as President, and More

The World Next Week

CHAPTER

The Politics of June 1st

Partisan politics and a system that allows it to happen. Congress has raised the debt limit 78 times since 1960, seven times over the last 10 years. If investors around the world start doubting the reliability of the U.S. government as a lender, if they get spooked there's lots of bad things that could happen. The time is very short. And let's hope this guy doesn't fall.

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