No corner of the global economy will be spared.

As President Joe Biden met with congressional leaders again today to

resolve the nation’s impending debt limit crisis, many Americans are confused as to what this particular situation, if left unresolved, will do to our economy. Understanding how the U.S. Treasury pays its obligations, as well as how investors far and wide will be impacted, thus creating a potential global chain reaction of economic downturns, is kind of complicated. Continue reading “The Debt Limit Explained”