High Unemployment & Stock Market Sell-Off: Potential Economic Impact if U.S. Defaults on Its Debt

The Center Square YT

•

May 16th, 2023

DESCRIPTION

Join economist Dr. Orphe Divounguy and Chris Krug as they discuss the economic impact if the U.S. defaults on its debt including potential massive jumps in unemployment, significant housing market declines, and a stock market sell-off on this episode of Everyday Economics! Everyday Economics is an unrehearsed, free-flow discussion of the economic news shaping the day. The thoughts expressed by the hosts are theirs, unedited, and not necessarily the views of their respective organizations.

The Center Square YT

The focus of The Center Square's work is state and local level government and economic reporting. A taxpayer sensibility distinguishes our work from other coverage of state and local issues. As a result of this approach, our audiences are better informed about the focus of state and local government and its cost to the citizens whose tax dollars fund governmental decisions.