Debt Default Would Wipe Out $15T in Wealth & 6 Million Jobs For Starters | The People's Talk Show
Debt Default Would Wipe Out $15T in Wealth & 6 Million Jobs For Starters | The People's Talk Show

Debt Default Would Wipe Out $15T in Wealth & 6 Million Jobs For Starters | The People's Talk Show

Anastasia Hlalele

71 min
News
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<p>Mark Zandi, chief economist at Moody’s Analytics, found that a prolonged impasse over the debt ceiling would cost the U.S. economy up to 6 million jobs, wipe out as much as $<a href="https://youtu.be/mlNbycrGyf4" target="_blank">15 trillion in household wealth, and send the unemployment rate surging to roughly 9 percent from around 5 percent.</a></p>

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Debt Default Would Wipe Out $15T in Wealth & 6 Million Jobs For Starters | The People's Talk Show - Listen Free | WowFM