Daunting debt limit dynamics
Goldman Sachs Exchanges
00:00
The Debt Ceiling in the United States
The risk of defaults on government debt in local currency for countries that print their own money is technically zero. When rating sovereigns, the large rating agencies look at a combination of political, economic, fiscal, debt factors. The other thing to say is the US has something called debt ceiling that is peculiar to the United States.
Transcript
Play full episode
