The US Debt Ceiling Crisis Explained

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Image Source: Pexels

In this video, I take a deep dive into the never ending issue of the United States debt ceiling. If you've been hearing a lot about the U.S. debt crisis and wondering what it all means, this is your go-to resource. From understanding the difference between deficit and debt to exploring the implications of a potential default on the global economy, I cover it all.

00:12:32

Here's what you'll learn in this video:

  1. What's happening with the U.S. debt ceiling right now? 
  2. What is a debt ceiling and why does it matter? 
  3. The history of the U.S. debt ceiling - from World War I to today.
  4. Political standoffs that have threatened the ability of the U.S. to make payments on its debt.
  5. What could happen if the U.S. defaulted on its debt?

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