EPISODE · Sep 23, 2021 · 1H 11M
Debt Default Would Wipe Out $15T in Wealth & 6 Million Jobs For Starters | The People's Talk Show
from Rethinking the Dollar · host Mike
Mark Zandi, chief economist at Moody’s Analytics, found that a prolonged impasse over the debt ceiling would cost the U.S. economy up to 6 million jobs, wipe out as much as $15 trillion in household wealth, and send the unemployment rate surging to roughly 9 percent from around 5 percent.
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Debt Default Would Wipe Out $15T in Wealth & 6 Million Jobs For Starters | The People's Talk Show
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