Скачать или смотреть Debt Ceiling Debacle, Market Crash Like 2011 & 2013? Historical Data, US Credit Downgrade Possible

According to treasury secretary Janet Yellen, the U.S. government is approaching its ceiling on debts. If the ceiling is not raised by the Congress by 6/1/2023, the government might not be able to pay its employees, or might even default on its debt payments. Many prominent figures in the financial sector, including JP Morgan Chase CEO Jaimie Dimon, also issued warnings about the danger of the U.S. government defaulting on its debts if the debt ceiling is not raised. Many people are worried that the stock market will collapse if the U.S. government default happens in the next few weeks.
Are those concerns justified? How bad will it get if the debt ceiling is not raised by 6/1? We actually went through this same chapter in 2011 and 2013 when the Congress was late in raising the debt ceiling. The stock market did drop in 2011 and 2013. Let’s do a deep dive into those years to see how much the stock market dropped as Congress and the Administration bickered over the debt ceiling.

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