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Defaulting on debt isn't the only way to scare investors

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Manage episode 486434890 series 2517990
Content provided by Marketplace. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Marketplace or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

As the GOP tax and spending bill moves through Congress, questions about the U.S. debt have not gone away. Over the weekend, Treasury Secretary Scott Bessent said the U.S. would never default on its debt. But the U.S. doesn't have to actually default in order to lose the confidence of investors, who would in turn charge the U.S. more to borrow. Plus: Why Gen X is finding it harder to save for retirement.

  continue reading

589 episodes

Artwork
iconShare
 
Manage episode 486434890 series 2517990
Content provided by Marketplace. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Marketplace or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

As the GOP tax and spending bill moves through Congress, questions about the U.S. debt have not gone away. Over the weekend, Treasury Secretary Scott Bessent said the U.S. would never default on its debt. But the U.S. doesn't have to actually default in order to lose the confidence of investors, who would in turn charge the U.S. more to borrow. Plus: Why Gen X is finding it harder to save for retirement.

  continue reading

589 episodes

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