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 in the marketplace. 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 apart from Treasury Secretary Janet Yellen. Yellen warned of potential mass unemployment, defaults and widespread financial weak spot if america didn’t repay its money owed. This drawback crops up each two years, creating rigidity in Congress, however sooner or later they comply with increase the debt ceiling. So no hurt accomplished, proper?
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