Daunting debt limit dynamics
Goldman Sachs Exchanges
English - May 30, 2023 21:36 - 21 minutes - ★★★★ - 769 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: The Markets: Are markets pricing in the potential of a default?
Next Episode: The Markets: What’s next for U.S. Treasuries
In this episode, Stephen Kaplan, associate professor at George Washington University, Alec Phillips, Goldman Sachs Research’s chief political economist, and David Beers, former head of sovereign credit ratings at S&P, who oversaw the rating agency’s U.S. credit rating downgrade in 2011, dig into the history and mechanics of the U.S. debt limit and explore whether the repeated brinkmanship around raising the debt limit could undermine the value of U.S. assets.