Debt Ceiling Showdown: How Worried Should You Be?
The following video is from Monday's edition of Investor Beat, in which host Chris Hill and Motley Fool analysts Jason Moser and Bill Barker dissect the hardest-hitting investing stories of the day.
The shutdown of the U.S. federal government is entering its second week, but perhaps even more concerning for investors is the coming debt ceiling debate. If the debt ceiling isn't raised and America begins defaulting on its debts, the consequences could be dire. In the lead story on today's Investor Beat, Bill and Jason discuss just how bad default would be, and the reason that not raising the debt ceiling has no upside.
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The article Debt Ceiling Showdown: How Worried Should You Be? originally appeared on Fool.com.
Bill Barker, Chris Hill, and Jason Moser have no position in any stocks mentioned. The Motley Fool recommends Moody's. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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