US Debt Default Deadline Fast Approaching
- Published in News & Comment
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On the 12th of May, US Treasury Secretary Janet Yellen wrote: ‘If Congress does not raise the debt ceiling, we face economic and financial catastrophe. It is vitally important that we make sure it gets done”. Yellen is an experienced economist who previously was the 15th chair of the US Federal Reserve. She repeated her warning on the 15th of May:
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