How worried are you about a potential US debt default?

Very worried0%

Somewhat worried100%

Slightly worried0%

Not at all worried0%


10 views1 Comment

CFO in Finance (non-banking), 51 - 200 employees
It would be catastrophic. However, the government has shut down 21 times since 1974 due to Congress not authorizing funding. That's a sort of political brinkmanship they do around budget time. This is the 79th time that we've been on the brink of not being able to pay our debt, and 78 times the debt ceiling has been raised. In 2011 this happened, and it went all the way up to a couple of days before the deadline. It ends up creating this prolonged political process that just manufactures crises. And I do think that they're going to reach some decision on it. But ultimately, I have faith that cooler heads will prevail, and they'll reach some agreement with that.

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Mar 202321%

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