Recent policial infighting in Washing has re-ignited the debate about a US debt default. While it’s unlike that the US will default on its debt, the threat of a default is enough to terrify investors and traders all over the world.
Sohn Brazil : Verde Warns Of Coming Crisis
Even though lawmakers seem to have settled the latest debt ceiling debate kicking the can down the road is nothing new in Washinton. Senate leaders from both parties on Wednesday reached a deal to raise government spending and take other steps meant to curb Capitol Hill budget squabbling, although the deal calls for much higher spending and only extends the government’s debt ceiling to March 2019.
[klarman]

