HomeShutdown, debt ceiling: Will the US crash the global economy?tbdShutdown, debt ceiling: Will the US crash the global economy?

Shutdown, debt ceiling: Will the US crash the global economy?

It’s Week Three – or Day 14 – of the government shutdown, and the debt-ceiling deadline will hit as early as Thursday. Over the weekend, Senate Majority Leader Harry Reid (D-Nev.) met with Senate Minority Leader Mitch McConnell (R-KY) in an attempt to broker a deal, but the only result of that meeting is that both men are publicly expressing optimism about an agreement. On Monday, a planned meeting at the White House between President Barack Obama and House and Senate leaders was postponed. For more on how the progress (or lack thereof) between the parties on a budget or debt-ceiling deal is affecting the global economy, Meghan Lopez talks to Erin Ade and Bob English from RT’s new show “Boom Bust.”

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