Looks like August 2nd could be interesting if the yanks continue to disagree on raising their debt ceiling:
BBC News - Republican House Speaker John Boehner quits debt talks
Wonder what would happen if the yanks default and the UK is 350 billion out of pocket.
BBC News - Republican House Speaker John Boehner quits debt talks
The negotiations are aimed at avoiding what analysts say would be an economically catastrophic US debt default on 2 August.
"If we default, then we're going to have to make adjustments," he said.
Moments later, the president added he remained confident the $14.3tn limit on US borrowing would be raised by the 2 August deadline.
Moments later, the president added he remained confident the $14.3tn limit on US borrowing would be raised by the 2 August deadline.
Who owns the $14.3tn debt?
US government owes itself $4.6tn
China: $1.16tn, Japan: $0.91tn, UK: $0.35tn
US government owes itself $4.6tn
China: $1.16tn, Japan: $0.91tn, UK: $0.35tn
Wonder what would happen if the yanks default and the UK is 350 billion out of pocket.
Comment