Macro Markets, hosted by crypto analyst Marcel Pechman, airs each Friday on the Cointelegraph Markets & Analysis YouTube channel and explains advanced ideas in easy phrases, specializing in the trigger and impact of conventional monetary occasions available on the market. day by day crypto exercise.

The dangers of a US debt default are the primary subject of this week’s present, which comes from none aside from Treasury Secretary Janet Yellen. Yellen warned of potential mass unemployment, defaults and widespread financial weak spot if the USA didn’t repay its money owed. This drawback crops up each two years, creating pressure in Congress, however in some unspecified time in the future they comply with elevate the debt ceiling. So no hurt executed, proper?

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