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360info
360info
Business
Steven Pressman, The New School for Social Research

YOU WONT BELIEVE: How the us could easily avoid default - What They Never Told You

The US government is close to running out of cash.

It hasn't been able to borrow any new money since January, when it reached its debt ceiling of $31 trillion.

If the government defaults on its debts, there are fears it could crash the global economy. Intense negotiations between Democrat President Joe Biden and the Republican-controlled House of Representatives to avoid this scenario are ongoing.

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