US Debt Ceiling Drama Holding Markets Hostage

Walter Todd, President & Chief Investment Officer, Greenwood Capital

25-May-23 08:30

US Debt Ceiling Drama Holding Markets Hostage

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The US government could start to run out of money within weeks unless it allows itself to borrow more. With just a week till the estimated debt-limit deadline of 1 June, we ask Walter Todd, President & Chief Investment Officer, Greenwood Capital what are the options left and the consequences if the largest economy breaches the debt ceiling.

Image by: Shutterstock

Produced by: Moh Heng Ying

Presented by: Shazana Mokhtar, Mark Tan, Wong Shou Ning

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Categories: markets, economy, international, government

Tags: us debt ceiling, global economy,

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