IMO the “default” scare is manufactured. Nevertheless, I think the US could technically default in early June when reserves are depleted.
Insights for Navigating an Uncertain World
IMO the “default” scare is manufactured. Nevertheless, I think the US could technically default in early June when reserves are depleted.
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts