Reuters (April 25)
2023/ 04/ 26 by jd in Global News
The U.S. “standoff over the debt ceiling is a white swan, or an entirely predictable, very frequent event that has the potential to be as catastrophic as its darker sibling.” Arriving at the “deadline without a congressional fix would lead to a calamitous default,” which could “exacerbate the very risks that sparked last month’s bank failures.”
Tags: Bank failures, Calamitous, Catastrophic, Congressional fix, Deadline, Debt ceiling, Default, Exacerbate, Predictable, Risks, Standoff, U.S., White swan
