US Can Avoid Debt Default, Dollar Stays Global Reserve Currency
According to a report by Caixin, the U.S. government is facing a debt ceiling crisis, which could lead to a debt default and a shock to global financial markets if an agreement is not reached in time. As investors, how should we respond to this situation? Monitoring the Negotiations: Assessing Progress and Compromise Potential First, […]
US Default: Fed and Banks at Risk
According to the following article, we can draw the following points: 1. the U.S. government’s debt ceiling issue could lead to a massive sell-off in global financial markets and trigger panic. 2. If the U.S. Treasury defaults, the Federal Reserve will face the challenge of dealing with the details of monetary policy, which may disrupt […]