World watches in disbelief and horror as U.S. nears possible default

IMO the “default” scare is manufactured. Nevertheless, I think the US could technically default in early June when reserves are depleted.

https://www.msn.com/en-us/money/markets/world-watches-in-disbelief-and-horror-as-us-nears-possible-default/ar-AA1bouYA

Published by markskidmore

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.

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