
In Brief: It's a Debt Trap (with Justin Wolfers)
Stay Tuned with Preet
00:00
The Debt Limit
The debt limit has been raised dozens of times throughout US history. It's a political weapon to get rid of certain things, he says. The consequences of default for average Americans is what the most obvious and most direct one will be if you decide not to pay your credit card bill.
Transcript
Play full episode