
Markets shrug off potential US debt default
FT News Briefing
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The Threat of U.S. Debt Default
This chapter examines the critical risks associated with a potential U.S. debt default, stressing the importance of trust in the U.S. Treasury and its consequences for global markets. It explores the implications for vital services like Social Security and Medicare, while analyzing market behaviors and investor reactions in light of the approaching debt ceiling deadline.
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